Avalanche and Rain Launch ‘Avalanche Card’, a Crypto-Powered Visa Card!

Jakarta, Pintu News – The Avalanche Foundation, in partnership with Rain, has unveiled the Avalanche Card—a groundbreaking innovation that enables crypto payments anywhere Visa is accepted.

This cutting-edge card supports Tether USDT0.13%->Current USDT PriceRp 16.3760.13%Market CapRp 2.262 TriliunTrading VolumeRp 1.474 TriliunCirculating SupplyRp 140,6 Miliar, USD Coin USDC0.10%->Current USDC PriceRp 16.3700.10%Market CapRp 0Trading VolumeRp 0Circulating SupplyRp 0, Avalanche AVAX1.81%->Current AVAX PriceRp 300.6031.81%Market CapRp 0Trading VolumeRp 0Circulating SupplyRp 0, and Wrapped Avalanche (wAVAX), seamlessly bridging the gap between decentralized finance DEFI6.42%->Current DEFI PriceRp 78,866.42%Market CapRp 0Trading VolumeRp 0Circulating SupplyRp 0 and traditional payments.

Avalanche Card Launch

The Avalanche Card, a collaboration between the Avalanche Foundation and Rain, was launched to change the way crypto is used. With this card, users can make payments anywhere Visa is accepted, both online and in physical stores.

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Furthermore, the card supports several popular crypto assets such as Tether (USDT), USD Coin (USDC), as well as Avalanche (AVAX) and Wrapped Avalanche (wAVAX) at launch. The card is designed to make everyday transactions using crypto easy without the need to go through currency conversion or additional platforms.

John Wu, President of Ava Labs, emphasized that the Avalanche Card makes crypto a practical means of payment equivalent to using a regular credit card.

Integration and Technology

Rain, as the company that issued the Avalanche Card, integrates blockchain technology with the traditional financial system. It enables secure and fast transactions, and makes it easier for users to manage their digital assets.

The technology developed by Rain also supports a high level of security, ensuring that user funds remain safe during transactions. The card also comes with both digital and physical features, giving users the flexibility to choose according to their needs.

With Rain’s robust infrastructure, the Avalanche Card not only makes it easier for users to transact, but also opens up new opportunities in everyday crypto usage.

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Strategy and Market Impact

The launch of the Avalanche Card coincided with the ETHDenver event, targeting early adopters and influencers in the crypto ecosystem. This is a strategic move to introduce the product to a community that is already familiar with and interested in blockchain technology.

In addition, the Avalanche Card will be available in several key regions such as Southeast Asia, Africa, and Latin America, which are known to have high demand for innovative and accessible financial solutions.

The card is expected to not only increase the usage of AVAX and other crypto assets, but also strengthen Avalanche’s position within the DeFi market. By making everyday transactions using crypto easier, Avalanche hopes to encourage wider crypto adoption among the general public.

Overall, the Avalanche Card marks an important step in the evolution of crypto payments, connecting the world of DeFi with everyday payments through the Visa network.

This initiative not only enhances the function of crypto as a practical means of payment but also expands its use in everyday life.

With advanced technology and effective market strategies, the Avalanche Card is expected to be an important tool in the transition to mainstream crypto usage.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coin Tribune. The Avalanche Foundation and Rain are Teaming Up to Launch the Avalanche Card. Accessed on February 28, 2025
• Crypto Times. Avalanche and Rain Launch Crypto-Powered Visa Card. Accessed on February 28, 2025
• FXStreet. The Avalanche Foundation in Partnership with Rain Announces the Launch of the Avalanche Card. Accessed on February 28, 2025