Anytap Launches USDT-Loaded Visa Debit Cards for Asian Markets
Anytap, a US-headquartered fintech company, has launched a Visa debit card that can be loaded with stablecoins like USDT. This move targets Asia's crypto payments market, starting with South Korea, Japan, and Indonesia.
The cards allow users to spend digital assets in local currencies at Visa-accepting merchants without needing a bank account. Anytap operates on an asset-light business model, partnering with financial institutions that meet regulatory requirements in each region.
Users can apply for the card online with identity verification and load supported stablecoins onto their card. The current cross-border transaction fee is 1% of the transaction amount plus $0.30 per transaction.
Anytap plans to introduce its business-facing white-label payment solution, Anytap Pay, within three months. This will target gaming companies, fintechs, exchanges, and e-commerce businesses for cross-border payment infrastructure.