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Solflare Mastercard Debit Card Launches for USDC Crypto Payments

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Solflare Launches Mastercard Debit Card for USDC Payments

Solflare, a wallet platform on the Solana blockchain, has introduced the Solflare Card. Users can now spend USDC stablecoins directly from their Solflare wallets. The card is accepted anywhere Mastercard is used. The launch starts in the UK and the European Economic Area (EEA). Over 115,000 people joined the waitlist before the release.

The Solflare Card works at more than 150 million merchants worldwide. Every payment is authorized on the card itself. Users maintain full control of their private keys at all times.

Secure Payment Features

The Solflare Card uses three-factor authentication. This includes the physical card, a PIN, and biometric verification. It also offers real-time fraud detection and 3DS protection. Google Pay is supported at launch, with Apple Pay coming soon.

The card links directly to a non-custodial wallet, so Solflare never holds users’ private keys. Funds remain on the blockchain until payments are made.

Vidor Gencel, Co-Founder and Co-CEO of Solflare, said, “Facilitating instant off-ramping of crypto assets through a debit card represents a paradigm shift. Protected by built-in security measures, Solflare Cards embody crypto’s tonal shift – from speculative asset to everyday currency.”

Mastercard Partnership and Future Plans

Mastercard supports the card as part of its digital asset strategy. Christian Rau, Senior Vice President at Mastercard, said, “By working with partners like Solflare, we empower users through safe, simple and instant access to their crypto assets – truly bridging the gap between digital asset ecosystem and everyday payments.”

Solflare has over 4 million active users. Its goal is to simplify daily crypto spending. The new card adds to its services, which include trading, staking, and storage within a fast, non-custodial platform.

The Solflare Card is available now in the UK and EEA. More regions will be added soon, enabling global, instant, and secure crypto payments.

Marcel
Marcelhttps://cryptonewspub.com/
Marcel is the enthusiastic owner and editor-in-chief of CryptoNewsPub, the go-to source for the latest news, sharp analyses, and groundbreaking insights into the world of cryptocurrency and blockchain. With his passion for decentralization and innovation, he makes complex developments clear and accessible to both novice crypto enthusiasts and seasoned traders. Marcel’s articles inspire, inform, and empower you to embrace the digital financial revolution with confidence.

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