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Avalanche Card: Bridging Crypto and Real-world Purchases

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by Giorgi Kostiuk

7 hours ago

The Avalanche Foundation has launched the Avalanche Card, a Visa-powered payment tool that allows users to spend crypto at traditional merchants.

What is the Avalanche Card?

The Avalanche Card is a crypto-powered payment card created in partnership with Rain, allowing users to spend their digital assets anywhere Visa is accepted.

Why the Avalanche Card Matters

The Avalanche Card provides an alternative financial solution, bypassing banking restrictions and enabling everyday crypto transactions, especially beneficial for underbanked regions.

How the Avalanche Card Works

Unlike typical prepaid crypto debit cards, the Avalanche Card functions more like a credit card, allowing users to load crypto and set a spending limit at 50% of the USD value of their balance, with daily conversion.

The Avalanche Card is an important step towards integrating cryptocurrencies into daily life, offering users a new way of financial interaction.

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