New York, New York, February 26th, 2025, Chainwire
Today, The Avalanche Foundation, in partnership with Rain, launches the Avalanche Card, a physical and digital credit card that lets users make purchases against the value of their crypto assets anywhere Visa is accepted.
The Avalanche Card enables users to spend USDC, USDT, Wrapped AVAX (wAVAX), and AVAX online or in-store. The Avalanche Card opens secure, alternative payment options to the global economy through the trusted Visa network, removing the need to navigate multiple platforms, wallets, and conversions to access and spend digital assets.
“With the Avalanche Card, your cryptocurrency is a tool for empowerment,” says John Wu, President of Ava Labs. “As digital assets garner mainstream adoption, leading with uses that are as familiar as swiping a credit card.”
The Avalanche Card makes real-world transactions seamless across borders for conversionless spending, providing a secure alternative in regions with strained banking infrastructure. In a move to double down on mainstream adoption of decentralized finance (DeFi), Avalanche remains committed to powering accessible inroads to blockchain for every type of user.
To see terms of eligibility, and to sign up for the Avalanche Card, please visit: https://www.avalanchecard.com/.
About The Avalanche Foundation
The Avalanche Foundation is a non-profit entity that fosters the advancement and growth of the Avalanche platform for the world. The Foundation offers development programs for developers, entrepreneurs, and users to help turbocharge the advancement of the Avalanche ecosystem. For more information, visit avax.network
About Avalanche Blockchain Network
Avalanche is an ultra-fast, low-latency blockchain platform designed for builders who need high performance at scale. The network’s architecture allows for the creation of sovereign, efficient and fully interoperable public and private layer 1 (L1) blockchains which leverage the Avalanche Consensus Mechanism to achieve high throughput and near-instant transaction finality. The ease and speed of launching a L1, and the breadth of architectural customization choices, make Avalanche the perfect environment for a composable multi-chain future.
Supported by a global community of developers and validators, Avalanche offers a fast, low-cost environment for building decentralized applications (dApps). With its combination of speed, flexibility, and scalability, Avalanche is the platform of choice for innovators pushing the boundaries of blockchain technology.
About Rain
Rain develops and operates cutting edge digital asset authorization and settlement infrastructure in concert with their innovative digital payment card solutions. By integrating blockchain technology with traditional financial systems to drive adoption and utility for digital assets in enterprise and consumer use cases. For more information, visit www.raincards.xyz.
Contact
Kaitlin Starcher
kaitlin.starcher@avalabs.org
