Tangem, a Swiss crypto wallet provider, has unveiled its first physical Visa card enabling in-store purchases, online purchases and ATM withdrawals. The initial launch is limited to 5,000 cards, with over 40% of Tangem Pay payments coming from Latin America and over 30% from the US. The company said it cannot currently deliver physical Tangem Pay cards to roughly 20 countries, including China, Russia, North Korea and Palestine. Tangem is also introducing cashback in Circle’s USDC stablecoin, at rates of 1% for Basic users and 2% for Plus users. The first physical Tangem Pay cards will be showcased at Token2049 in Singapore.
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