3 hours ago

Crypto cards aren't the future, but onchain credit is

Crypto cards aren't the future, but onchain credit is

Crypto cards force asset sales and tax hits. Onchain credit enables yield-bearing collateral power spending without liquidation, making cards obsolete interfaces.

Opinion by: Vikram Arun, co-founder and CEO of Superform

Crypto cards aren't the future of payments. They're a temporary interface for a world that hasn't fully accepted cryptocurrencies.

They rely on banks as issuers, Visa or Mastercard as gatekeepers, and compliance rules that look exactly like TradFi. 

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Source: Cointelegraph →