quote: Falcon Card is building payment rails for new regions 👀
@falconfinance is moving beyond DeFi:
🇰🇷 Korea: entry point to Asia
🇸🇻 El Salvador: RWA pipeline
🇰🇿 $KGST: USDf → mint via Classic Mint
💳 Falcon Card: the new payment layer
The Card has been live since July 20 for eligible KYC-verified users.
It’s a virtual Visa debit card for online + in-store payments and supported mobile wallets.
The interesting part:
Crypto / Gold / Tokenized Stocks → USDf → Visa → real-world spending
You can spend USD liquidity without selling the underlying assets.
Supported collateral includes:
• Stablecoins + major crypto
• Tokenized Gold XAUt
• Tokenized equities like COINon / NVDAon / TSLAon
• xStocks like TSLAX / NVDAX / MSTRX / SPYx / CRCLX
Card perks:
• $0 annual fee
• No extra Falcon transaction fee
• Card spend counts toward Falcon Miles Season 2
• Online + in-store payments
• Mobile wallet support
But this is still an early product:
• Virtual-only
• Third-party issuer
• No public cashback / ATM schedule
• No public IBAN/ACH
• Card balance earns 0% yield
• Availability depends on KYC + jurisdiction
The bigger picture:
RWA - USDf - sUSDf / yield - Card - spending
Korea, El Salvador and now Visa rails give Falcon multiple ways to connect its RWA stack with real-world markets.
The Card isn't the whole product - it's the last-mile rail that can bring Falcon's USDf liquidity into everyday payments.
Follow @Whitelist1Media for more projects. | Crypto Card / Weekly recap:
@offgridcash: published a line-by-line fee breakdown for the no-KYC card.
@xplaceapp: they charge 0%; Visa takes 1%. Physical cards still shipping.
@altitude: USDC on Optimism (and Arbitrum) in one business account; MoonPay Virtual Accounts added.
@KoloHub: EUR IBANs live: SEPA Instant, €1 flat, 24/7.
@KASTxyz: no perk drop; reiterated that KYC is mandatory for every user.
@payy_link: launched Finality: stablecoin chargebacks/disputes without reversing the on-chain tx.
@BleapApp: teaser: “fastest and cheapest on the market” next week.
@avici: €75 welcome credit for new accounts through 14 Sep; SEPA in/out, 0% tx fees.
@PulsarMoneyApp: Pulsar Pro on 16 Sep (Arc mainnet day one): selectable cashback, points on transport/travel, redeem points against purchases.
@Krak: salary bonus up to €250/mo when paid into Krak in 24 EEA countries; Metal card has no number/CVV on the plastic.
@raincards: MoneyGram Card is live; global payouts in 50 currencies across 80+ countries from a stablecoin balance.
@useTria: no product release; promo for free KBW + XRP Seoul passes with 3 active referrals.
@DptPay: push for Google Pay + Earn on USDC/USDT; no new fee/reward tier.
@usemotocard: Moto Points next week; warning about a fake site/account.
@kardpay: 200 early-bird physical cards sold out; shipping mid-October.
@itstuyo: named EUR account for incoming euros + Steakhouse Prime USDC in Earn.
@Exa_App: $10M+ self-custodial deposits, $2M monthly spend, 16k cards issued.
@FlexSuperApp: stablecoins in-app (hold/send/convert/spend, 170 countries); Visa cards slated for Q4.
@RedotPay: QR pay in Brazil, Colombia, and Peru; Pro users can gift a card that earns 3% on Apple/Google Pay.
@gnosispay: Rebind migration bonus up to €100 for moving a euro Gnosis Pay card.
@ether_fi: up to 30% category cashback (AI/food/streaming/travel) for Luxe+; cashback now in ETHFI; until 18 Sep, 1 in 10 iPhone pre-orders free for Luxe/Pinnacle/VIP.
@coca_card: 50% cashback on Claude; Starter reminder: virtual card, EUR IBAN, 1% cashback + 5% APY.
@slashapp: faster vendor payments: invite a vendor and queue payouts in seconds.
@trustee_io: first card effectively free: 10 USDC issuance refunded after $50+ spend in 7 days.
@oobit: September override: up to 10% cashback from purchase #1, no tiers, until 1 Oct.
@Nexo: Austria language support in-app; no card-product change.
@wirexapp: Tempo added as a settlement layer; on-chain Visa settlement in USDC and EURC.
@krakenfx: $500 pre-funded Kraken Card giveaway (Italian GP / Williams).
@Bybit_Official: limited-edition card: 15% off Tomorrowland Brasil 2027 tickets (pre-sale 21 Sep).
@okx: OKX Card now 2% cashback, capped at €100 in September.
@DeblockApp: free insurance via XCover: Standard = purchase protection; Premium = travel + car rental.
Follow @Whitelist1Media for more weekly project recaps.