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Kraken Expands US Presence with Launch of Visa Debit Card

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Kraken's parent company Payward has launched its Visa debit card, known as the KrakCard, in the United States. This marks the first US rollout for the card after it gained a base of over 125,000 cardholders across the UK and Europe since its November 2025 launch.

The card allows users to spend directly from over 600 assets, including USD, Bitcoin, and USDC, while earning cashback in real dollars or Bitcoin. The core features of the card include up to 2% cashback on everyday spending, paid as real money right after the transaction settles, no hidden fees, and free ways to deposit.

The card is available to eligible US residents only and is not available in all states. Users can add it to Apple Pay or Google Pay immediately upon issuance, allowing for seamless payment processing at merchants worldwide.

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