Tangem Partners with Visa to Launch Crypto Payment Integration
Tangem, the developer of Shiba Inu's customized hardware wallet, has forged a partnership with Visa to seamlessly integrate cryptocurrencies into everyday transactions.
Combining Accessibility with Security
By merging Visa's payment infrastructure with Tangem's secure wallet technology, the collaboration aims to enhance the accessibility and usability of digital assets. This step bridges the divide between traditional financial systems and the burgeoning world of cryptocurrency.
Tangem Pay: Crypto Payments Made Easy
The partnership will introduce Tangem Pay, a product designed to allow users to spend cryptocurrencies directly from their wallets at Visa-supported merchants. Initially, it will support USDT on the Polygon network, with plans to expand to other cryptocurrencies in the future.
Self-Custody Meets Convenience
Tangem Pay seamlessly combines the self-custodial nature of Tangem wallets with the convenience of a traditional bank card. Andrey Kurennykh, Tangem's CEO, emphasized the dual benefits of this integration, bridging the gap between conventional finance and digital assets.
Beyond Tangem Wallets
Tangem Pay is not limited to Tangem wallets alone. The company intends to extend this solution to popular crypto wallets like Metamask, Trust Wallet, and Ledger.
Tangem's Crypto Custody Leadership
Since its launch in 2021, Tangem has established itself as a leading provider of crypto custody solutions. Its card-shaped hardware wallets offer convenient activation options and have sold over one million units, including customized versions for major crypto assets like Shiba Inu.
Disclaimer: This article is for informational purposes only and does not constitute legal, tax, investment, or financial advice.