Layer-1 blockchain developer Solayer launched a Visa-compatible cost card that enables customers to spend USDC balances by means of in-store, on-line and contactless transactions.
The cardboard helps ATM withdrawals in supported areas and may be ordered by means of the Solayer Pay app, in accordance with the announcement. Current customers can request the cardboard without spending a dime, whereas new customers pay a $20 annual activation charge.
Supply: Solayer Pay
Solayer Pay launched in April 2025 beneath the title Emerald Card and initially rolled out to 40,000 customers throughout greater than 100 nations, in accordance with the corporate. Solayer mentioned the brand new bodily card expands the prevailing Solayer Pay platform, which helps storing, transferring and spending digital belongings by means of Visa-linked cost infrastructure.
The corporate mentioned the cardboard allows customers to spend USDC (USDC) balances globally by means of Visa cost infrastructure immediately from their Solayer Pay accounts.
Solayer develops infiniSVM, a layer-1 community appropriate with the Solana Digital Machine that’s designed for high-throughput onchain purposes utilizing Solana (SOL) for fuel charges.
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Stablecoin cost playing cards develop
The launch from Solayer comes as rypto and funds firms have more and more launched stablecoin-linked cost playing cards tied to conventional card networks together with Visa and Mastercard.
In January, crypto change OKX launched a Mastercard-linked cost card for European customers by means of regulated issuer Monavate, permitting verified prospects to spend stablecoins, together with USDC and Paxos’ International Greenback (USDG).
The next month, MetaMask expanded its Mastercard-linked crypto cost card throughout the US, together with New York for the primary time, permitting customers to spend digital belongings immediately from self-custodial wallets.
In March, Visa and Stripe-owned Bridge expanded their stablecoin-linked card program to 18 nations and mentioned they deliberate to roll out the product throughout greater than 100 nations by the tip of 2026. The businesses additionally started testing stablecoin settlement by means of Visa’s pilot program.
The identical month, Mastercard agreed to accumulate stablecoin infrastructure firm BVNK in a deal valued at as much as $1.8 billion. BVNK gives infrastructure for companies to ship and obtain stablecoin funds throughout blockchain networks in additional than 130 nations.
Information from DefiLlama exhibits the stablecoin market has grown from about $243.3 billion in Could 2025 to round $322.5 billion as we speak, a rise of about $79 billion.
Tether stays the dominant stablecoin issuer, with its USDt (USDT) commanding a market capitalization of about $189.7 billion, representing round 58.8% of the entire stablecoin market, whereas Circle’s USDC ranks second with a market capitalization of about $76.7 billion.
Supply: DefiLlama
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