Infini launches Global Card to merge DeFi yields with everyday spending

Hybrid payment platform Infini has officially introduced the Global Card to blend stablecoin usage with real-world convenience.

The virtual payment card allows stablecoin holders to earn daily interest and spend at any merchant that accepts MasterCard or Visa.

Imagine turning your USDT or USDC into a money-making tool, where your funds keep increasing even when you utilize them.

Whether buying groceries, paying for subscriptions, or coffee, the unspent stablecoins keep earning yields until the time of purchase.

Infini CEO Christian Li stated:

Our vision is to remove barriers between digital asset savings and everyday finances. The Global Card is a major step toward that vision – it gives people the freedom to earn yields on their deposits and spend it anywhere, anytime.

Infini’s push for the borderless economy

Infini Global Card looks to revolutionize digital finance with its global acceptance and multi-wallet compatibility.

Individuals can utilize it like credit or debit cards by simply linking it to Apple Pay, AliPay, PayPal, or Google Pay.

The Global Card fits daily transaction routines. Users can pay for online checkouts or tap-to-pay to transact at any physical store.

Moreover, the new card is compatible with MasterCard and Visa.

That makes it acceptable to merchants in almost all countries globally.

Stablecoin holders can spend their savings or earnings without converting to fiat.

Solution for the unbanked, remote workers, and freelancers

Infini’s card looks to serve individuals excluded from traditional banking services.

It allows remote workers and freelancers to receive funds in stablecoins, removing slow global transfers and the costs of currency conversions.

Further, people in developing markets can use the card to enjoy secure and accessible payment options and participate in the financial revolution.

All they need is a stablecoin wallet and a smartphone.

Moreover, international earners can escape the volatility of local currency fluctuations as they leverage USD’s stability.

The press release highlighted:

The Global Card’s debut marks a strategic milestone in Infini’s mission to integrate decentralized finance (DeFi) benefits into everyday transactions, expanding financial access for freelancers, unbanked individuals, and cross-border earners around the globe.

A cost-efficient option to pay

Infini’s card embraces a low-cost model, only charging a 0.8% fee.

That is massively lower than usual foreign exchange or remittance fees.

The stablecoin to local currency conversion is instant, allowing merchants to receive payments in their local currencies while buyers use stablecoins.

Furthermore, the conversion does not attract hidden charges, making it lucrative for day-to-day usage.

Meanwhile, making stablecoins spendable and yield-bearing underscores Infini’s dedication to redefining digital currency holding and utility in everyday transactions.

Infini has revealed plans to launch a physical card in the coming weeks.

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