Tangem introduces crypto Visa card in combination with hardware wallet

This major development introduces a Visa payment card that combines with a hardware wallet that allows Tangem users to make seamless payments with their crypto or stablecoin balance at merchants that accept Visa. This technology will be accessible across Europe via a Tangem Visa card. Tangem will also make this technology available to other issuers interested in using it for their own customers.

Unlike traditional custody solutions that rely on third-party companies to manage user funds, Tangem’s card embeds a private key into the chip and requires the use of the physical card in every transaction. This helps ensure users maintain exclusive control over their assets at all times.

Cuy Sheffield, Vice President and Head of Crypto at Visa, comments: “At Visa, our commitment to security is deeply embedded in our desire to contribute to the advancement of the crypto ecosystem. With our partnership with Tangem aimed at driving the development of next-generation payment solutions, we are pleased to work with Tangem to enable effortless digital currency payments designed for security.”

Andrey Kurennykh, co-founder and CEO of Tangem: “We are pleased that Visa has chosen to partner with Tangem, one of the most reliable and secure solutions for personal cryptocurrency storage.” Our users get a two-in-one solution – the convenience of a regular bank card and the features of a self-managed crypto wallet, all in one card. This is a significant step towards bridging the gap between traditional banking and digital assets, making it easier for everyday users to navigate and take advantage of both worlds.”

Tangem’s self-custodial payment solution brings us one step closer to a decentralized future.