Layer-1 blockchain developer Solayer launched a Visa-compatible cost card that enables customers to spend USDC balances by way of in-store, on-line and contactless transactions.
The cardboard helps ATM withdrawals in supported areas and might be ordered by way of the Solayer Pay app, in response to the announcement. Current customers can request the cardboard totally free, whereas new customers pay a $20 annual activation payment.
Supply: Solayer Pay
Solayer Pay launched in April 2025 below the identify Emerald Card and initially rolled out to 40,000 customers throughout greater than 100 nations, in response to the corporate. Solayer stated the brand new bodily card expands the present Solayer Pay platform, which helps storing, transferring and spending digital property by way of Visa-linked cost infrastructure.
The corporate stated the cardboard allows customers to spend USDC (USDC) balances globally by way of Visa cost infrastructure instantly from their Solayer Pay accounts.
Solayer develops infiniSVM, a layer-1 community suitable with the Solana Digital Machine that’s designed for high-throughput onchain functions utilizing Solana (SOL) for fuel charges.
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Stablecoin cost playing cards increase
The launch from Solayer comes as rypto and funds firms have more and more launched stablecoin-linked cost playing cards tied to conventional card networks together with Visa and Mastercard.
In January, crypto trade OKX launched a Mastercard-linked cost card for European customers by way of regulated issuer Monavate, permitting verified clients to spend stablecoins, together with USDC and Paxos’ International Greenback (USDG).
The next month, MetaMask expanded its Mastercard-linked crypto cost card throughout the US, together with New York for the primary time, permitting customers to spend digital property instantly from self-custodial wallets.
In March, Visa and Stripe-owned Bridge expanded their stablecoin-linked card program to 18 nations and stated they deliberate to roll out the product throughout greater than 100 nations by the top of 2026. The businesses additionally started testing stablecoin settlement by way of Visa’s pilot program.
The identical month, Mastercard agreed to amass stablecoin infrastructure firm BVNK in a deal valued at as much as $1.8 billion. BVNK supplies infrastructure for companies to ship and obtain stablecoin funds throughout blockchain networks in additional than 130 nations.
Information from DefiLlama exhibits the stablecoin market has grown from about $243.3 billion in Could 2025 to round $322.5 billion at present, a rise of about $79 billion.
Tether stays the dominant stablecoin issuer, with its USDt (USDT) commanding a market capitalization of about $189.7 billion, representing round 58.8% of the entire stablecoin market, whereas Circle’s USDC ranks second with a market capitalization of about $76.7 billion.
Supply: DefiLlama
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