Solana news: Solayer Launches USDC Payment Card with ATM Access
Solayer Unveils Visa-Compatible USDC Card
Solayer, a layer-1 blockchain developer, has launched a new Visa-compatible payment card. This card allows users to spend their USDC balances through in-store, online, and contactless transactions. Additionally, the card supports ATM withdrawals in supported regions, providing greater flexibility for users.
Card Features and Availability
The USDC card can be ordered via the Solayer Pay app. Existing users are eligible to request the card at no cost, while new users are subject to a $20 annual activation fee. The card is designed to expand the Solayer Pay platform, which already supports storing, transferring, and spending digital assets through Visa-linked infrastructure.
Users can spend USDC balances globally, directly from their Solayer Pay accounts, leveraging Visa's extensive payment network. The card aims to facilitate seamless digital asset spending for everyday purchases and cash withdrawals.
Solayer's Blockchain Infrastructure
Solayer develops infiniSVM, a layer-1 network compatible with the Solana Virtual Machine (SVM). This network is optimised for high-throughput on-chain applications and uses Solana (SOL) for gas fees, supporting efficient and scalable blockchain operations.
Growth of Stablecoin Payment Cards
The launch of Solayer's USDC card follows a broader trend of stablecoin-linked payment cards. In recent months, several crypto and payment companies have introduced cards tied to traditional networks such as Visa and Mastercard. For example, OKX and MetaMask have launched similar products in Europe and the United States, respectively.
Visa and Stripe-owned Bridge have also expanded their stablecoin-linked card programme to 18 countries, with plans for further global rollout. Mastercard's acquisition of stablecoin infrastructure provider BVNK highlights the growing interest in stablecoin payments across the industry.
Stablecoin Market Overview
According to DefiLlama, the stablecoin market has grown from approximately $243.3 billion in May 2025 to around $322.5 billion currently. Tether's USDt remains the leading stablecoin, while Circle's USDC holds the second-largest market share.
The continued expansion of stablecoin-linked payment cards indicates increasing adoption and integration of digital assets within traditional financial systems.
