According to ChainCatcher, TokenPocket announced that it will launch blockchain-based VISA and Mastercard Swiss bank debit cards for users in September 2024. These cards are fully compliant Swiss bank accounts with the same name and are currently licensed by the Swiss Financial Market Supervisory Authority (FINMA).

The card achieves fully decentralized recharge and transaction capabilities through smart contracts, allowing users to use their USDC assets stored on the Arbitrum blockchain (Ethereum’s second-layer network) for payment. At the same time, through TokenPocket’s cross-chain aggregation and flash exchange capabilities, it will support the use of assets from more networks (such as USDT, BTC, ETH, BNB, TRX, PEPE, etc.) for payment in the future.
 
This debit card initially supports four currencies, namely Euro, Swiss franc, US dollar and RMB, and will gradually expand to other mainstream currencies in the future. The card can be linked to Apple Pay, Google Pay, PayPal, Samsung Pay, Alipay, WeChat and other global mainstream payment channels, making it convenient for users to spend at nearly 100 million merchants around the world. At the same time, TokenPocket also plans to provide physical cards for Premium users, making it convenient for users to withdraw cash at ATMs around the world.