News linked to both this project and an event.
Odaily News: Infini posted on the X platform that its App now supports users in opening personal virtual accounts and allows them to deposit and withdraw fiat currency via bank transfers. USD virtual accounts are provided by Lead Bank, N.A., supporting ACH, Wire, FedNow, and RTP networks; EUR virtual accounts are provided by Banking Circle S.A., supporting the SEPA network.
Privy has launched a stablecoin card prebuilt component, enabling applications to embed a cardholder experience with a single integration, and has partnered with Stripe to issue stablecoin cards. The service currently covers more than 25 card issuing markets and plans to expand to over 100 by the end of the year. Users can spend directly using their Privy wallet or DeFi vault balances without needing to pre-transfer funds to a separate card account. The card issuer is Lead Bank, program management is handled by Bridge, and Stripe provides issuance services.
Odaily News: Cryptocurrency exchange Kraken's payment app Krak has launched a multi-asset debit card in the US, allowing users to spend cryptocurrency and fiat currency, with up to 2% cashback in USD or Bitcoin. The card supports over 600 currencies and assets, converting holdings to USD at checkout. Individual transactions can draw from multiple balances, and users can set their own asset spending order. The card is issued by Lead Bank, connected to the Visa network, and powered by Stripe Issuing. Arjun Sethi, co-CEO of Payward, Kraken's parent company, stated that Payward is expanding its asset classes and financial services, currently offering banking services, and views tokenization as an important component of expanding financial products. Krak said that since its launch in the UK and the European Economic Area in December 2025, it has issued more than 135,000 multi-asset cards. (Cointelegraph)