Solayer, a startup based on the Solana ecosystem, has announced the launch of a non-custodial crypto debit card, which is expected to significantly enhance the usability of cryptocurrency in the real world.
Non-Custodial Approach
The Solayer Card allows users to retain full custody of their assets until the moment of purchase. This is facilitated through integration with wallets supporting Solana Virtual Machine (SVM) such as Phantom, Backpack, and Solflare. Unlike traditional crypto cards, this system enables real-time settlement without requiring users to convert crypto to fiat.
InfiniSVM Infrastructure as a Core Functionality
A key aspect of the card's operation is InfiniSVM, a high-performance execution layer optimized for microtransactions and fast payment execution. This architecture provides fast settlement speeds and low fees, as well as features such as gasless transactions and batched execution, which greatly enhance the user experience.
Launch Plan and Development of Solayer Card
The initial version of the card will be released as a virtual card for a limited number of users starting in Q2 2025. Users will be able to transact from SVM-based wallets, with plans to expand support to Ethereum and other EVM chains in the future. Solayer also plans to release physical cards, implement new features such as auto-yield top-ups, and token swapping at checkout.
The launch of Solayer's non-custodial crypto debit card promises to broaden the utility of cryptocurrency for everyday transactions and attract more users into the DeFi and commerce space.
