The Avalanche Foundation, the non-profit organization that helps manage the development of the avalanche blockchain, said that its long-awaited avalanche card, a Visa credit card that allows users to buy items with their cryptocurrency , is live and ready to be used.
The menu was developed in collaboration with Rain, a card-based card-based card platform. It allows users to spend their avalanche tokens (Avx), wrapped up and stable and USDC stable in any store, said the foundation in an email. It’s good for transactions in person or online.
While other teams have also published credit cards related to user crypto participations, information reports the integration between traditional financial technologies and cryptocurrency.
The Avalanche Foundation said in October that it planned to present the card, focusing on the registration of users of Latin America and the Caribbean. In Tuesday press release, the team said that registrations had accelerated in this region as well as Southeast Asia and Africa.
According to the card website, the credit card will be linked to the “new self-careful user portfolio and a single address by assets”.
“In order to double the traditional adoption of decentralized finance (DEFI), Avalanche remains determined to feed the breakthroughs accessible to blockchain for each type of user,” said the team.
Read more: the largest avalanche upgrade, “avalanche9000”, is live