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Cardano News Update: Cardano Connects Blockchain and Traditional Banking Through Debit Card Introduction

Cardano News Update: Cardano Connects Blockchain and Traditional Banking Through Debit Card Introduction

Bitget-RWA2025/11/16 16:56
By:Bitget-RWA

- Cardano partners with Wirex to launch a crypto debit card, enhancing ADA's real-world utility through daily spending and DeFi integration. - The Cardano Card supports 685+ assets, offers 8% crypto cashback, and leverages Wirex's global network to bridge blockchain and traditional banking. - With 31M crypto wallets already used for payments, the card aims to boost ADA demand by enabling fiat-to-crypto transactions at scale. - Analysts highlight the partnership as a catalyst for adoption, though regulatory

Cardano (ADA) has managed to sidestep a possible downturn and is now set up for a notable rebound, thanks to a key alliance that could transform its practical applications. EMURGO, the business branch of the

blockchain, has partnered with Wirex, a digital payments provider with more than six million users in 130 countries, to revealed at the Cardano Summit 2025 in Berlin. This partnership represents Cardano’s most significant move into digital payments so far, aiming to connect blockchain finance with conventional banking systems.

Integrated within the Wirex app, the Cardano Card enables users to spend cryptocurrencies such as

, BTC, and ETH across more than 685 supported assets wherever is accepted. Benefits include up to 8% crypto rewards on purchases, minimal foreign exchange charges, and access to DeFi features like yield accounts and crypto-backed loans. , giving users greater autonomy and security. EMURGO CEO Phillip Pon highlighted the collaboration’s importance in blending “real-world utility with onchain utility,” while Wirex co-founder Georgy Sokolov for Cardano’s expansion worldwide.
Cardano News Update: Cardano Connects Blockchain and Traditional Banking Through Debit Card Introduction image 0

This initiative taps into a rapidly expanding sector:

are already being used for everyday transactions, indicating strong demand for user-friendly crypto solutions. Since its inception, Wirex has handled $20 billion in crypto payments and , utilizing its role as a principal member of both Visa and to broaden Cardano’s presence. The release of the Cardano Card fits with Cardano’s wider plan to make ADA more functional, following regulatory and technical improvements that stabilized the blockchain in 2025.

Experts see this partnership as a major driver for Cardano’s network. By making ADA usable for daily purchases, the Cardano Card could increase demand for the token, possibly raising its value as users swap fiat for crypto to make payments. The introduction of a non-custodial version in 2026 could also appeal to those prioritizing privacy, although

and rivalry from existing crypto cards still pose challenges.

At present, the Cardano Card marks a crucial advancement in Cardano’s path toward widespread use. Early access registration is now available, highlighting EMURGO’s dedication to connecting traditional finance with Web3 and positioning Cardano as a frontrunner in the changing crypto payments sector.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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