
Moonwell has launched the Moonwell Card, a debit card that allows users to spend their onchain crypto assets globally. The card is accepted at over 44 million merchants worldwide, enabling users to shop, dine, and travel while keeping their crypto assets onchain. This development addresses a significant challenge in the crypto space by bridging the gap between digital assets and real-world usability. Users can also borrow USDC against their assets on Moonwell's platform and use the card for payments wherever Visa is accepted. The launch is part of a collaboration with Cypher_HQ, and Moonwell plans to introduce autoload functionality from its USDC vault in the future.
Congrats to the Moonwell team on this monumental launch! Borrow USDC against your assets on @MoonwellDeFi and spend wherever @Visa is accepted. https://t.co/yiBKuKv35o
Today Moonwell is unveiling its Debit Card One of the most significant problems of crypto is its lack of connectivity to the real world. People have cryptos but don't spend them in the real world either because of a lack of good UX or tax considerations. It gets stuck on CEX or… https://t.co/OP6L7HgWsw https://t.co/iX6xXjgrGM
Onchain Finance 🌜🦋🌛 Consumer Crypto Autoload directly from Moonwell Flagship USDC Vault on Morpho coming soon. https://t.co/WEoGzuzIjy
