Catenaa, Monday, April 21, 2025- Solayer, a Solana-based blockchain network, has launched the Emerald Card, a crypto debit card designed for seamless on-chain transactions without the need for off-ramping to fiat.
The card, built on Solayer’s scalable InfiniSVM infrastructure, enables users to make purchases directly from their wallets while retaining full control of their funds. Initially, the card will support transfers from Solayer’s Solana Virtual Machine (SVM) wallets, with plans to integrate additional chains, including Ethereum Virtual Machine (EVM) chains, in the coming months.
The Emerald Card, available in over 100 countries, is part of Solayer’s broader strategy to enhance its crypto ecosystem. The card also integrates Apple Pay and Android Pay’s tap-and-pay features for added convenience. A new “Emerald Rewards” program offers users crypto-native incentives, including stakes in upcoming token generation events and access to staking rewards and airdrops based on spending.
Solayer, founded in 2024 with backing from Binance Labs, claims its network can handle over 1 million transactions per second, with a 100 Gbps network bandwidth. The blockchain also supports products such as the sUSD stablecoin and sSOL staking token, both tied to real-world assets like U.S. Treasury bills.
In January, Solayer raised $12 million in a seed round led by Polychain Capital to accelerate development and the launch of its governance token, LAYER. The project is positioning itself as a significant player in the blockchain ecosystem with high throughput and innovative financial products.
