Avalanche Card Launches: Crypto Meets Visa in Southeast Asia, Africa, and Latin America

Avalanche Card, a joint venture between the Avalanche Foundation and Rain, has launched with a surge in sign-ups across Southeast Asia, Africa, and Latin America. The card, which is both physical and digital, allows users to make purchases using their crypto assets wherever Visa is accepted.

The Avalanche Card supports USDC, USDT, Wrapped AVAX (wAVAX), and AVAX for online and in-store transactions. By leveraging the Visa network, the card provides a secure and convenient alternative to traditional payment methods, eliminating the need for multiple platforms, wallets, and conversions to access and spend digital assets.

John Wu, President of Ava Labs, commented on the launch, "With the Avalanche Card, your cryptocurrency is a tool for empowerment. As digital assets gain mainstream adoption, leading with uses that are as familiar as swiping a credit card is key."

The Avalanche Card enables seamless, borderless transactions for conversionless spending, offering a secure alternative in regions with strained banking infrastructure. This move underscores Avalanche's commitment to driving mainstream adoption of decentralized finance (DeFi) and providing accessible entry points to blockchain technology for all users.

To learn more about the Avalanche Card's eligibility requirements and sign up, visit https://www.avalanchecard.com/.

The Avalanche Foundation, a non-profit entity, fosters the advancement and growth of the Avalanche platform. It offers development programs for developers, entrepreneurs, and users to accelerate the growth of the Avalanche ecosystem.

Avalanche is an ultra-fast, low-latency blockchain platform designed for builders who need high performance at scale. Its architecture allows for the creation of sovereign, efficient, and fully interoperable public and private layer 1 (L1) blockchains, leveraging the Avalanche Consensus Mechanism to achieve high throughput and near-instant transaction finality.

Rain, the company behind the Avalanche Card, develops and operates cutting-edge digital asset authorization and settlement infrastructure. It integrates blockchain technology with traditional financial systems to drive adoption and utility for digital assets in enterprise and consumer use cases.