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Cryptocurrency News Articles
Sanctum Brings the Cloud Card—SOL Card, the First Debit Card Built on Solana, in Partnership with Jupiter Exchange and BasedApp
Sep 24, 2024 at 07:44 pm
Unlike the standard debit card, this card improves how customers spend SOL and stablecoins. The SOL card offers a smooth, enjoyable, and interactive payment experience.
Sanctum, in partnership with BasedApp and Jupiter Exchange, is introducing a new debit card that will allow users to spend their Solana (SOL) and stablecoins. The card, called the Cloud Card, will be available for use in over 100 countries.
This card is different from other debit cards because it is built on the Solana blockchain. This allows for more innovation and additional features to be integrated into the card. The card will also be able to integrate with various decentralized applications (dApps).
With this crypto debit card, users will be able to spend their SOL tokens and stablecoins easily, earning rewards and enjoying various perks. Additionally, the card taps into Solana's community-driven ecosystem, offering benefits that extend beyond simple transactions.
Two of Jupiter’s LFG projects, @sanctumso and @deBridgeFinance dropped some 🔥 announcements at Breakpoint yesterday.
A TL;DR if you missed it —
1) @sanctumso is ushering in the era of PayFi on Solana with Creator Coins and the Cloud Card.
Creator Coins allow anyone to… pic.twitter.com/G5X1BfmEU6
— Jupiter Uplink (@jup_uplink) September 21, 2024
Some of the key benefits of the Cloud Card include the integration of Creator Coins. The creator coin implies that creators will be able to interact with Solana's financial system. While more details are yet to be disclosed, this feature will extend the reach of creators.
With this integration, creators will be able to issue tokens or rewards that are linked to the Cloud Card. Everything about this new card presents exciting opportunities for users.
Our commitment is to build a better world for crypto and Solana.
We want to let users spend, save and create value.
Here’s the two main products we announced at @solanaconf yesterday – Creator Coins and Cloud Card! pic.twitter.com/NQUW0lGtkJ
— sanctum ☁️ (@sanctumso) September 22, 2024
This partnership with Jupiter Exchange and BasedApp is a major development for Solana. Sanctum provides a new way for people to use their SOL for payments. As the project continues to grow, it will help to improve the way that Solana transactions are processed.
Cloud Card
We’ve partnered with @basedappHQ and @jupiterexchange to launch Cloud Card, the world’s most delightful SOL debit card, which will allow you to spend your SOL and stables in over 100 different countries.
The Cloud Card will be an integral part of the Sanctum… pic.twitter.com/tXvxfKJFur
— sanctum ☁️ (@sanctumso) September 22, 2024
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