Crydit’s Visa partnership enables direct large-value crypto payments without intermediate fiat conversion. The card reportedly supports instant settlement of transactions exceeding $100,000, addressing a key pain point for institutional crypto holders. This bridges traditional finance and digital asset liquidity.
By leveraging Visa’s network, the solution avoids building new payment rails from scratch. Users can spend crypto at any Visa merchant while the platform handles regulatory compliance and currency conversion. This significantly expands real-world crypto utility.
The launch coincides with growing corporate treasury crypto allocations, suggesting targeted institutional adoption. However, volatility management mechanisms and tax reporting features will determine whether it gains traction beyond early adopters.
