Cryptocurrency payment startup Kulipa partners with Mastercard and Argent to launch debit card

2024-07-09 23:56:23

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ChainCatcher news, according to The Block, cryptocurrency wallet provider Argent is collaborating with Mastercard and blockchain startup Kulipa to launch a new crypto payment card. The agreement will utilize Starknet's zero-knowledge technology.

Kulipa co-founder and CEO Axel Cateland stated, "We are proud to launch Argent as our first non-custodial wallet and to partner with Mastercard to continue contributing to the adoption of everyday crypto payments globally."

The Kulipa branded card will convert Circle's USDC or Paxos branded stablecoins into fiat currency in the background, meaning merchants do not need to integrate crypto payment tools. The press release stated, "This process ensures that any Mastercard user and merchant globally can enjoy a seamless debit card payment experience, with on-chain settlement possible on almost any blockchain."

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