BYDFi Launches Visa-Backed Virtual Card for Direct Web3 Spending

Generated by AI AgentCoin World
Thursday, Aug 7, 2025 5:08 pm ET1min read
Aime RobotAime Summary

- BYDFi launched the Visa-backed BYDFi Card to enable direct spending of stablecoins like USDT in global online/offline transactions without fiat conversion.

- The card integrates wallet, trading, and payment features, supporting Apple Pay/Google Pay linkage and real-time transaction tracking with customizable spending limits.

- Early adopters receive $88 welcome bonuses, 15% spending rebates, and $10,000 in crypto trading competition prizes to drive adoption.

- This innovation addresses crypto usability barriers, aligning with growing demand for Web3 tools that bridge decentralized and traditional financial ecosystems.

- BYDFi's initiative reflects broader industry trends toward mainstream crypto adoption, prioritizing user-friendly solutions for DeFi traders and cross-border professionals.

BYDFi has launched its virtual card, the BYDFi Card, to facilitate direct spending of Web3 assets in everyday transactions. The card, which operates on the

network, allows users to spend stablecoins like without the need for conversion into fiat currency, supporting global use both online and offline [1]. This move is aimed at making cryptocurrency more accessible and functional for a wide range of users, including DeFi traders and cross-border freelancers [2].

The BYDFi Card integrates wallet, trading, and payment features into one platform, streamlining the process of managing digital assets and enabling seamless interaction with traditional financial systems [3]. Users can link the card to digital wallets such as

Pay and Google Pay, enhancing its flexibility for real-world use [4]. Additionally, the card allows users to set spending limits, track transaction history, and complete KYC verification directly through the app, simplifying the onboarding process [5].

The launch includes incentives for early adopters, such as a welcome package worth $88, 15% spending rebates, and a trading competition with a prize pool of $10,000 [6]. Michael, Co-founder and CEO of BYDFi, emphasized the company’s vision of making crypto usable in daily life, highlighting the card as a key step toward building future financial infrastructure [7].

The release of the BYDFi Card reflects a growing trend of crypto platforms seeking to integrate digital assets into mainstream finance. By removing the need for fiat conversion, the card addresses a key barrier to adoption and aligns with the increasing demand for tools that enhance the usability of Web3 assets [8]. This development underscores the broader push to create interoperable solutions that bridge traditional and decentralized financial ecosystems [9].

The timing of the launch indicates that BYDFi is positioning itself to meet a market increasingly open to crypto as a viable payment method. By prioritizing user experience and real-time functionality, the platform aims to attract a wider audience and reduce the perceived complexity of using digital assets in daily life [10]. The initiative also highlights the competitive landscape among crypto platforms to offer innovative payment solutions that cater to both existing and new users [11].

BYDFi’s virtual card is expected to contribute to the continued expansion of the crypto market by enhancing the versatility and accessibility of digital assets. As more users adopt such tools, the broader acceptance of cryptocurrencies as a legitimate form of payment is likely to accelerate, further embedding them into global commerce [12].

Source:

[1] TheStreet: [https://www.thestreet.com/crypto/press-releases/bydfi-card-officially-launches-one-card-to-seamlessly-bridge-web3-assets-and-real-world-spending](https://www.thestreet.com/crypto/press-releases/bydfi-card-officially-launches-one-card-to-seamlessly-bridge-web3-assets-and-real-world-spending)

[2] AInvest: [https://www.ainvest.com/news/bydfi-launches-virtual-card-bridge-web3-assets-real-world-spending-2508/](https://www.ainvest.com/news/bydfi-launches-virtual-card-bridge-web3-assets-real-world-spending-2508/)

[3] CoinTrust: [https://www.cointrust.com/market-news/bydfi-launches-virtual-card-to-bring-crypto-into-daily-life](https://www.cointrust.com/market-news/bydfi-launches-virtual-card-to-bring-crypto-into-daily-life)

[4] AInvest: [https://www.ainvest.com/news/bydfi-launches-virtual-card-enable-direct-crypto-spending-real-world-transactions-2508/](https://www.ainvest.com/news/bydfi-launches-virtual-card-enable-direct-crypto-spending-real-world-transactions-2508/)

[5] ZyCrypto: [https://zycrypto.com/bydfi-announces-official-launch-of-its-virtual-card-to-bridge-web3-assets-and-real-world-spending/](https://zycrypto.com/bydfi-announces-official-launch-of-its-virtual-card-to-bridge-web3-assets-and-real-world-spending/)

[9] XT.com: [https://www.xt.com/en/blog/community-news/2025-08-07T13:19:21.000Z](https://www.xt.com/en/blog/community-news/2025-08-07T13:19:21.000Z)

Comments



Add a public comment...
No comments

No comments yet