Fold Introduces Bitcoin Credit Card with Visa, Stripe
- Fold launches Bitcoin credit card with Visa and Stripe partnership.
- Bitcoin rewards available on every purchase.
- New consumer Issuing product designed for market entry.
Fold, a Bitcoin-first financial services company, announced a partnership with Stripe and Visa to launch a Bitcoin credit card offering rewards on purchases, aiming to simplify Bitcoin access.
The launch signifies increased institutional interest in Bitcoin rewards, potentially driving BTC adoption among consumers but faces competition from established crypto reward card offerings.
Fold has announced the launch of the Fold Bitcoin Credit Card™ in partnership with Visa and Stripe. Users can now earn Bitcoin rewards on each purchase using the credit card.
Fold, led by Will Reeves, collaborated with Visa and Stripe for this offering. Sateesh Kumar Srinivasan and Cuy Sheffield highlighted the card’s benefits and Bitcoin accessibility. Will Reeves, Chairman, CEO and Founder of Fold, noted:
Our credit card offers clear and compelling value and makes bitcoin easily accessible to everyone… It’s simple enough for someone new to bitcoin, but built with the transparency and control early adopters expect.
The initiative involves key leadership from both companies.
The introduction could impact consumer spending by promoting Bitcoin as a viable reward. Businesses may see increased BTC transactions, further cementing digital currencies in mainstream financial services.
With the partnership backed by Visa and Stripe’s infrastructure , financial implications include broader market reach and potential shifts in Bitcoin utility among consumers. The card strictly uses Bitcoin rewards.
As the card enters the market, competitors may reassess their reward systems to include cryptocurrencies. Analytical data comparing previous card models suggests unique Bitcoin-focused rewards might influence user adoption.
Historical attempts with crypto cards lacked exclusive Bitcoin rewards, presenting this as a novel approach. Analysts speculate on improved Bitcoin wallet activity through such consumer-facing incentives , potentially increasing Bitcoin’s market acceptance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The 8th Anniversary of TRON: From an Office in Zhongguancun to a Legendary Global Web3 Core Infrastructure
TRON celebrates its 8th anniversary by unveiling a new brand logo and vision, highlighting its leading position in the public chain sector and achievements in Web3 infrastructure development. Summary generated by Mars AI. This summary is produced by the Mars AI model, and its accuracy and completeness are still being iteratively improved.
LBank Labs "1001 Festival Seoul" Successfully Concludes, Igniting Global Web3 Innovation and Community Vitality
LBank Labs successfully held the 1001 Festival Seoul in Seoul, attracting over 3,000 Web3 enthusiasts from around the world. The event reached an exposure of over 100 million people, becoming one of the most influential Web3 events of 2025.
Justin Sun Appears at KBW 2025: Decentralized Finance Will Become the Cornerstone of the Global Financial System
The 2025 Korea Blockchain Week was held in Seoul, where TRON founder Justin Sun shared his insights on the future of cryptocurrency, focusing on decentralized exchanges, stablecoins, industry risks, and a vision for global finance. Summary generated by Mars AI. This summary is generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively improved.
Why Has Tron’s Significant Gas Fee Reduction Failed to Substantially Lower Actual User Costs?
Trending news
MoreCrypto prices
More
