📣 SafePal Bridges Cryptocurrency and Fiat Worlds
posted 7 Mar 2024
SafePal, a decentralized crypto wallet, has launched a Visa virtual bank card, teaming up with Swiss bank Fiat24. This initiative promises decentralized and confidential asset storage, though the bank will maintain custody of user credentials.
The card's initial rollout targets select European nations (Ukraine is not included at this stage), with future plans to broaden access, barring individuals from the U.S. sanctions list. This Visa card distinguishes itself with several notable features:
Moreover, SafePal is rolling out a loyalty scheme for its most dedicated users, offering reduced top-up fees and enhanced rewards from its referral program. Points will be adjusted monthly based on activity over the preceding 90 days, with token staking in SafePal (SFP) boosting point totals.
- Zero fees for account maintenance.
- User registration details encoded as NFTs on the Arbitrum blockchain.
- The option to top up using the USDC stablecoin.
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