Cryptocurrency adoption continues to expand with innovative payment solutions bridging the gap between digital assets and everyday transactions.
Floki developers have launched the FLOKI Debit Card, enabling cryptocurrency payments at merchants accepting VISA or Mastercard. Following the news, FLOKI’s price rose by about 4%.
The card supports over eight blockchain networks, allowing deposits in FLOKI and major cryptocurrencies such as BTC, ETH, USDT, USDC, BNB, and SOL.
Floki emphasized its user-friendly fee structure, which excludes transaction and exchange rate fees.
The card is available in two versions: a physical card for a €32 one-time fee plus shipping and a virtual card for €10.
Reloading funds incurs a 2% fee. Currently, the service is accessible in 31 European countries, including Austria, Germany, and France, though Türkiye is notably absent from the list.
Thailand’s financial regulator has granted approval for the use of Tether’s USDt and Circle’s USDC in cryptocurrency trading, allowing them to be listed on licensed exchanges.
Crypto analyst Miles Deutscher has shared recent data highlighting a challenging period for the digital asset market, revealing that only 12 out of the top 100 cryptocurrencies by market capitalization have posted positive returns in the past three months.
Stablecoins are attracting major attention from traditional financial players, with institutions like Bank of America, PayPal, and Revolut moving to introduce their own versions in response to a rapidly evolving market.
Binance has taken decisive action against a market maker involved in irregular trading activities related to two cryptocurrencies.