Floki, in collaboration with Mastercard, has launched a crypto debit card available in 31 European countries. This new offering aims to facilitate the use of cryptocurrencies in everyday spending.
A Global Leap for Floki
Floki's debit card is now live in key European markets, including France, Germany, Spain, and Italy. The card comes in both physical and virtual forms. While the physical card is limited to European countries for now, the virtual card can be used worldwide, providing a broader reach for Floki's users.
Key Features of the Floki Card
One of the key features of the Floki debit card is its support for multiple blockchains. Users can fund their cards with several popular cryptocurrencies, including Floki's native token (FLOKI), Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC). The card currently supports eight different blockchain networks, with plans to add more in the future. It also stands out with its fee structure, featuring no transaction fees, making it appealing for users who want to make everyday purchases without worrying about additional costs. Floki offers a physical card for €32 and a virtual card for €10 with a 2% top-up fee each time it is loaded with cryptocurrency.
Global Expansion Plans
While the physical card is currently available in Europe, Floki has plans to expand its reach to other regions soon. Additionally, the project has been actively burning tokens to reduce the total supply. Over the past year, more than 103 billion Floki tokens have been burned, which is expected to positively impact the token's value.
Floki and Mastercard have introduced a new debit card in Europe to facilitate cryptocurrency usage, offering options for users worldwide. These innovations, alongside Floki's token supply reduction strategy, are expected to drive growth and stability for the project.
