Cryptocurrency pockets company Tangem has launched Tangem Pay, a virtual Visa card that connects directly to the hardware pockets, enabling customers to exercise stablecoins at millions of merchants globally.
Established in unison with US fee infrastructure company Paera, the pay card enables customers to deposit and exercise Circle’s USDC stablecoin on the Polygon network, the corporate said in an announcement on Wednesday.
“Once the particular person deposits into their Tangem Pay story, they can exercise anyplace Visa is well-liked, no matter the native forex,” Tangem Pay CEO Marcos Nunes said, noting that the resolution helps Apple Pay and Google Pay for instant Visa payments.
42 countries situation to procure Tangem Pay playing cards in predominant rollout
Tangem Pay playing cards will originate up to be issued in leisurely November during the US, Latin The United States, and predominant Asia-Pacific markets, with a European launch planned for 2026.
The initial rollout will quilt 42 countries, collectively with Australia, Brazil, Japan, Hong Kong, Singapore, and the U.S.
“The virtual card is correct form the beginning — we are already engaged on increasing to unusual countries and offering incentives to assemble this our customers’ hump-to card for each day spending,” Nunes said.
Tangem describes the pay card as a central factor of its broader imaginative and prescient for a comprehensive self-custody crypto ecosystem, encompassing storage, speak, and spending. Unlike custodial wallets, self-custodial alternatives dangle the added just correct thing about providing customers with sigh possession of their cryptocurrency with out having to stick to any KYC mandates.
A Tangem hardware pockets-centered crypto card does act as a cold pockets, per the “be-your-comprise-monetary institution” guidelines; then all but again, the Tangem Pay story is tranquil regulated by KYC rules. Tangem itself would now not dangle get entry to to particular person files, and KYC is most intriguing required for the pay card steadiness. If a particular person is blacklisted or engaged in prison behavior, the companion regulatory authority that shows compliance would possibly more than doubtless well well disconnect the card from the fee network with out compromising the hardware pockets.
Rain manages compliance and settlement for Tangem Pay, a stablecoin fee infrastructure supplier. Rain now not too prolonged ago published plans to combine with Western Union’s upcoming stablecoin-primarily based solely settlement arrangement. Western Union’s Solana-primarily based solely Digital Asset Community, formally launched in leisurely October, will characteristic the corporate’s proprietary stablecoin and is anticipated to launch within the principle half of 2026.
Global stablecoin oversight guides Tangem Pay efficiency
The efficiency of the pay card is topic to ongoing global regulatory trends. Fiat-pegged digital tokens, typically often known as stablecoins, dangle garnered regulatory attention due to concerns over their doubtless dangers to monetary steadiness, user security, and anti-money laundering (AML) compliance.
In the U.S., the GENIUS Act of 2025 established a federal definition for “fee stablecoins.” The law would also require issuers to establish paunchy-reserve backing in liquid property, submit month-to-month disclosures, and prohibit misleading marketing that suggests authorities backing. Besides, it helps resolve that federally regulated stablecoins are neither securities nor monetary institution deposits, which offers both issuers and customers with valid predictability.
Globally, regulators are taking gift. EU’s MiCA framework, the UK’s plans for explicit rule regimes on stablecoins, and guidance from global our bodies comparable to FSB or FATF) which are livid about transparency, operational resiliency, and horrifying-border co-ordination. This is extraordinarily crucial for Tangem Pay, which operates in 42 markets with a gargantuan fluctuate of tips governing reserve necessities, user security, and AML compliance.
