Solayer Emerald Card: Let your USDC take you for bubble tea while quietly earning interest!
Solayer has launched a very 'down-to-earth' on-chain payment tool - the Emerald Card, allowing your on-chain assets (like the USDC stablecoin) to be spent directly in the real world. When you deposit USDC into the Emerald Card, it is equivalent to putting it into an 'on-chain savings account': the system will automatically convert USDC into the stablecoin sUSD backed by US Treasury bonds, returning about 4-5% annualized yield. This means that when you use the card to buy bubble tea, the money in your wallet is quietly earning interest in the background, without having to deal with bank procedures, and you can make money anytime.
Apple Pay/Google Pay integration, global acceptance.
Moreover, it seamlessly integrates with common payment tools: you can link the Emerald Card to wallets like Apple Pay, Google Pay, etc., allowing you to pay with your phone. It operates on the Visa network, which means that over 150 million merchants worldwide support card payments. In other words, whether you're buying a burger in New York or coffee in Tokyo, you just need to pull out your phone and scan the code, and USDC can instantly convert to local currency for payment, as smooth as using cash. In the future, when the physical card is released, you can also withdraw cash at ATMs worldwide, truly achieving global usability.
Rich rewards for cardholders: Nansen discounts and airdrops.
Solayer officials state that holding the Emerald Card for consumption can also earn rewards: for every transaction, you can accumulate 'Emerald Points', which will be distributed as token airdrop rewards based on the points ratio at the end of the event. At the same time, Solayer has already partnered with multiple Web3 projects to provide exclusive benefits for cardholders - for example, the blockchain data analysis platform Nansen offers subscription discounts (about 10% off) to cardholders, and other projects will also provide benefits through airdrops or coupons. In simple terms, while you’re spending with your card, you can also grab benefits from the crypto world!
No queuing, no 'card issues', and it helps you earn money.
Compared to traditional banks, the Emerald Card is much more worry-free: you no longer have to queue at a branch, nor do you have to worry about holidays when they are closed. Transactions are settled directly on-chain, instantly arriving in the merchant's account. Moreover, bank savings accounts simply can't compete: money sitting in a bank earns almost no interest, but putting USDC in the Emerald Card quietly earns money every day. In simple terms, with the Emerald Card, your wallet is a combination of a 'interest-bearing account + payment card' 24 hours a day: you can use it to buy groceries or bubble tea without any issues, and you can earn interest while spending.