$USDC

According to ChainCatcher, Baanx has partnered with Visa to launch a stablecoin payment card linked to self-custodial wallets, initially supporting USDC issued by Circle. The card allows cardholders to spend USDC directly from their crypto wallets. Through smart contracts, the USDC balance is transferred in real-time to Baanx upon authorization, which then converts it to fiat for payment. Baanx is also collaborating with Mastercard to develop a wallet card linked to MetaMask. Baanx states that they are empowering individuals to hold and spend dollar stablecoins in a self-custodial and real-time manner, which is the future of finance.