Solayer launches on-chain debit cards and expands its Defi Payment offering

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Solayer has announced a new set of financial tools, centering on the emerald card, the digital first debit card.

According to a post from X’s Company, the product is designed to bridge decentralized financial infrastructure with real-world payments.

At the heart of Solayer’s offering, along with Sustetic Assets SUSD and SSOL, and InfinisVM, a high-performance virtual machine, the company claims it can handle 1 million transactions per second.

These elements are driven by a vertical increase in Defi applications and are now tied to payment systems that connect directly to the Visa network.

Emerald Cards allow users to deposit USDCs and access a variety of services, including currency conversion, on-ramp and off-ramp, ATM withdrawals, wallet integration with Apple Pay and Google Pay.

The deposited funds can be optionally earned through SUSD. This is linked to a 4% synthetic T-vir rate.

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V0 Release Stage

This card is currently in the V0 release and has basic features such as transaction history, top-up balance, freeze and freeze card features, and access to Emeral Drover. According to the company’s Post, the program offers incentives related to real-world spending.

Points from “Solayer Season 2” are distributed to card users who have rewards ranging from airdrops to products. Card access is currently managed with a $75 pre-order fee and a rolling weight list system.

Genesis Airdrop recipients and Presale participants are eligible to reduce or activate or charge their cards without additional costs. The company also noted plans to expand access through collaboration between referral programs and partner protocols.

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Solayer places the ecosystem as a full-stack financial platform, integrating digital savings and checking capabilities with integrated Defi incentives with real-world payment capabilities.

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