In accordance with HashNews, cryptocurrency wallet company Tangem has launched Tangem Pay, a virtual Visa card that connects directly to hardware wallets, enabling users to spend stablecoins at millions of merchants worldwide. The service, developed in partnership with U.S. payment firm Paera, supports the deposit and spending of Circle’s USDC stablecoin on the Polygon network. Tangem Pay will begin rolling out in the U.S., Latin America, and key Asia-Pacific countries by late November, with a planned European launch in 2026. The initial rollout will cover 42 countries, including Australia, Brazil, Japan, Hong Kong, Singapore, and the U.S. The company aims to expand the service with new countries and incentives to make it a preferred daily spending tool. Unlike custodial wallets, Tangem’s self-custody solution allows users to store crypto without relying on third parties, though Tangem Pay accounts still require KYC compliance. The compliance and settlement for Tangem Pay are managed by Rain, a stablecoin payment infrastructure firm that also announced plans to join Western Union’s Solana-based digital asset network, expected to launch in early 2026.
Tangem Launches Visa-Enabled Crypto Card for Global Stablecoin Spending
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