🌎 Gnosis Pay Launches Self-Custody Card for Crypto Enthusiasts

Gnosis Pay has introduced a new self-custody card to the public, sparking excitement among crypto enthusiasts. The card, announced on Feb. 17, offers users the ability to spend on-chain assets at over 80 million Visa-accepting merchants worldwide, without any usage fees for early adopters.

The launch of Gnosis Cards marks a significant milestone in the crypto industry, providing a seamless solution for managing and spending cryptocurrencies. The card is self-custodial, allowing users to have full control over their digital assets and spend them anywhere Visa is accepted.

With strategic expansions into the U.K. and Switzerland, Gnosis is bridging the gap between decentralized finance (defi) and traditional financial systems. This move emphasizes the company’s commitment to empowering users and enabling the practical use of digital assets in everyday transactions.

Dr. Friederike Ernst, co-founder of Gnosis, highlighted the Gnosis Card as a groundbreaking tool that breaks down barriers between crypto holdings and real-world applications. The card represents a new era of financial empowerment and versatility for consumers, offering a seamless transition from digital assets to everyday spending.

Gnosis Pay is not only focusing on current expansions but also eyeing global markets in Brazil, Mexico, Singapore, and Hong Kong. The company aims to make digital assets as spendable as traditional currencies, reaching a wider audience beyond crypto enthusiasts.

Partnering with MakerDAO to integrate the stablecoin DAI, Gnosis Pay is reinvesting card sales surplus into essential infrastructure. This move not only enhances the utility of the GNO token but also contributes to the scalability of the blockchain ecosystem.

Additionally, collaborations with Monerium and other fintech innovators are paving the way for a more cost-effective, decentralized, and open-source financial ecosystem. Gnosis Pay’s initiatives are reshaping the landscape of digital payments and driving innovation in the crypto space.