Krak Unveils Debit Card for US Customers with Up to 2% Cashback in BTC or USD

Krak, the global money app from Kraken's multi-asset trading platform makers, has launched its innovative multi-asset debit card in the U.S. This move is part of a global effort to make any currency or asset spendable as cash.

The Krak Card rewards everyday spending with up to 2% cashback paid in US dollars or Bitcoin, allowing customers to store money across over 600 currencies and assets. At checkout, it instantly converts a pre-determined list of assets into US dollars in real time to settle the purchase.

A single purchase can draw from multiple balances, with each asset converted instantly at the point of sale. Customers decide which assets are prioritized, giving them full control over how they spend and manage their wealth.