BIX launches Visa-linked card for stablecoin spending

BIX has launched a new application designed to facilitate the everyday use of stablecoins by combining a self-custody wallet with a Visa card. The service allows users to hold assets such as USDC or USDT across various networks, including Ethereum, Solana, and Optimism, and spend them via a card accepted at any Visa merchant.

Under the program, merchants receive fiat currency while users experience a direct transaction from their digital balances. The company offers a free standard membership, with a virtual Visa card available for $9.99 for immediate online and contactless use. The US-based program includes a 1% foreign-currency exchange fee for applicable international purchases.