TokenPocket: Launching a cryptocurrency debit card to build a Web3 payment bridge
ChainCatcher news, TokenPocket announced that it will launch a blockchain-based VISA and Mastercard debit card for users in September 2024, which is associated with a fully compliant Swiss bank account of the same name, currently licensed by the Swiss Financial Market Supervisory Authority (FINMA).The card enables fully decentralized recharge and transaction capabilities through smart contracts, allowing users to make payments using their USDC assets stored on the Arbitrum blockchain (Ethereum Layer 2 network). Additionally, with TokenPocket's cross-chain aggregation and instant exchange capabilities, it will support payments using assets from more networks in the future (such as USDT, BTC, ETH, BNB, TRX, PEPE, etc.).This debit card initially supports four currencies: Euro, Swiss Franc, US Dollar, and Chinese Yuan, and will gradually expand to other mainstream currencies worldwide. The card can be linked to global mainstream payment channels such as Apple Pay, Google Pay, PayPal, Samsung Pay, as well as Alipay and WeChat, allowing users to make purchases at nearly 100 million merchants worldwide. At the same time, TokenPocket also plans to provide physical cards for Premium users, making it convenient for users to withdraw cash at ATMs globally.