Solayer Pay Adds Five Blockchain Networks For Direct Stablecoin Card Deposits
TL;DR: Solayer Pay says its card app now accepts supported stablecoin deposits from Solana, Ethereum, Arbitrum, BNB Chain and Base with out an extra bridging step.
Moving stablecoins from a crypto pockets to a cost card has usually concerned a clumsy detour by way of one other blockchain or change. Solayer Pay is making an attempt to take away that step by accepting deposits from 5 widespread networks immediately into its card stability.
In an announcement dated Thursday night within the United States, Solayer stated customers can now fund the app from Solana, Ethereum, Arbitrum, BNB Chain and Base. The product helps deposits utilizing eligible dollar-pegged tokens similar to USDC and USDT on the supported chains.
The community drawback behind a easy buy
A dollar-backed token issued on one blockchain isn’t interchangeable on the technical stage with a model on one other community. An individual would possibly personal USDT on BNB Chain whereas their cost app beforehand accepted deposits solely on Solana. Bridging or exchanging the funds introduces further steps, community charges and the opportunity of utilizing the fallacious handle.
Solayer says its new deposit circulate lets customers select the community the place their supported tokens already reside and credit score a typical Solayer Pay stability. Once deposited, that stability might be spent utilizing digital or bodily playing cards the place out there, with the app additionally supporting suitable cellular wallets and peer-to-peer funds.
The firm says greater than 45,000 cardholders use the product. Solayer Pay was launched because the Emerald Card in April 2025, with a bodily card added later. Those are company-reported distribution metrics moderately than independently audited cost volumes.
Spending isn’t the identical as self-custody
The comfort comes with a change within the consumer’s relationship to the belongings. Once cash is deposited into an app stability, clients want to grasp which supplier holds it, how withdrawals work and what guidelines apply if an account is restricted or a supported chain turns into congested.
Geographic eligibility and identity-verification necessities additionally matter. A Visa-linked card program’s world acceptance community doesn’t mechanically imply that each particular person worldwide can receive the cardboard or deposit each stablecoin.
Still, the launch addresses an actual weak spot in present crypto funds: customers are requested to grasp blockchain routing earlier than making extraordinary purchases. Removing a few of that complexity might be commercially helpful even when the underlying cost finally settles by way of present card networks.
The subsequent query is whether or not stablecoin deposits translate into significant card use. That is a tougher measure of adoption than the variety of out there networks or wallets.
Source: www.globenewswire.com original announcement or data.
Related Reading: stablecoins; layer-2 networks; Ethereum.
Written by the News Desk and edited by Samuel Rae.
