Solayer, a staking platform on the Solana network, has unveiled the Emerald Card, a debit card catering to cryptocurrency enthusiasts. This offering aims to simplify crypto transactions by allowing direct spending and earning of rewards without the need for traditional banking processes. Integrated within Solayer’s InfiniSVM infrastructure, the card supports immediate fund transfers from Solana Virtual Machine wallets and is expected to extend its compatibility to other blockchains, including EVM, in the future.
One of the standout features of the Emerald Card is its compatibility with both Apple Pay and Android Pay, enhancing the user experience by offering versatile payment options. Initially, the card will be accessible to a select group of 40,000 participants from a previous community sale, but plans are in place to roll it out globally to over 100 countries, including the US.
In addition to the debit card, Solayer has been active in the blockchain space, having launched sUSD, a synthetic stablecoin backed by real-world assets, in October 2024. This pre aims to provide a decentralized stablecoin option backed by secure assets like US Treasury more and government bonds.
Furthermore, Stayer has strengthened its ecosystem through a partnership with SolanaID one association with the Emerald Card launch, aiming so improve users’ online reputations through Starg St. An upcoming Emerald Rewards program is one on the horizon, promising enticing one for arholders, St staking incentives and early access to token distributions.
In related news, Solayer’s technological advancements and contributions to the blockchain community were underscored by a significant investment from Binance Labs, aiming to bolster the security and functionality of decentralized applications on the Solana network.
Tweet: “Solayer introduces the Emerald Card on #Solana, making crypto spending seamless while building your online rep. Plus, sUSD brings RWA-backed stability to crypto. Big moves ahead! 🚀 #EmeraldCard #sUSD #Blockchain”
