Use VISA & pay with SWAP, worldwide
TrustSwap is pleased to announce that SWAP will be a currency available on the VISA credit card powered by connect.financial/. Custom branded TrustSwap credit cards will also be issued.
Cards currently available (like Crypto.com or Wirex) act as prepaid debit cards, where they require you to liquidate your crypto to FIAT, or force you to convert to their native token. In addition, these other cards are limited to certain jurisdictions, and only available to be used at certain merchants.
The Connect VISA credit card is a true credit card, able to be used globally.
There will be an issuance of TrustSwap branded credit cards, where you can load your card with SWAP, and use it online or in-person, around the world. Because SWAP is used as collateral on the card, this removes even MORE tokens from the circulating supply. With well over 50% of the entire circulating supply of SWAP locked in the staking portal, the Connect credit card will further remove tokens from the circulating supply. In tandem with now being a usable global currency, SWAP is about to get very scarce.
Applications for the card will open in January.
For a full FAQ on the Connect Card, visit here