In a groundbreaking move, the innovative hardware wallet company Tangem AG has inked a strategic partnership with the global payment powerhouse Visa. Together, they are set to revolutionize the way digital currencies are used for transactions. The collaboration has birthed a unique self-custodial payment solution, featuring a Visa-branded payment card seamlessly integrated with a Tangem hardware wallet. This fusion empowers Tangem users to seamlessly utilize their crypto or stablecoin holdings for purchases at any establishment across Europe that accepts Visa payments.
A stark departure from the conventional custodial models, Tangem’s payment card boasts a private key embedded within its chip, guaranteeing that users retain sole dominion over their digital assets. The card itself becomes an indispensable component of every transaction, ensuring that only the cardholder can access and utilize their funds. Tangem, which was established in 2017, has carved out a niche for itself by offering a cold wallet capable of supporting over 6,000 digital assets. To date, the company has produced more than a million secure cards, which are now accessible in over 160 countries worldwide.
