• blockchain&beyond
  • defi decrypted
  • news
  • 29 May 25

Ledger and Visa Launch Crypto Card With Cashback in BTC and USDC

New Ledger card offers 1% cashback and direct salary deposits.

0

nft.eu
  • rating +25
  • subscribers 110

Ledger has introduced the Crypto Life (CL) Visa card — a product that combines familiar payment tools with self-custody of cryptocurrencies. Users can earn 1% cashback in Bitcoin (BTC) or the stablecoin USDC for every purchase, as well as transfer their salary directly to the card via bank transfer.

The card is handled by Baanx, the same platform that handles cryptocurrencies for MetaMask, Tools for Humanity and Exodus. It provides a bridge between the traditional banking system and the blockchain ecosystem, allowing digital assets to be spent in real life.

The majority of usage is for daily purchases, which account for 63% of all operations. Entertainment and fashion categories are also growing rapidly. This indicates that cryptocurrencies are being increasingly used in ordinary consumer scenarios.

Comments From Ledger and Baanx

Jean-Francois Rochet, Executive Vice President of Customer Success at Ledger, emphasized that the new card is not just a way to spend crypto but a step toward real-world use of digital assets in daily life. According to him, “living a crypto life means owning assets, managing them, and using them in the real world.”

Ledger x Visa CL Card. Source: @Ledger
Ledger x Visa CL Card. Source: @Ledger

Simon Jones, Chief Commercial Officer at Baanx, added that the CL card embeds non-custodial crypto payments into everyday financial tools. The card will be available to users in the United States, excluding New York and Vermont, starting June 30, 2025.

Whitelist registration is available via link.

Cards From Other Market Players

Recently, Avalanche launched a similar product — a card supporting USDC, USDT, Wrapped AVAX, and AVAX. It functions like a standard credit card, but the balance is held in cryptocurrency. Payments are processed without the need to convert to fiat currency.

According to Ava Labs President John Wu, the launch of the card simplifies the everyday use of digital assets and brings cryptocurrency closer to the mainstream.

This post is for informational purposes only and is not an ad or investment advice. Please do your own research making any decisions.

0

Comments

0