Tangem Global Rollout: Spend USDC Directly

Tangem launches Tangem Pay, allowing users to spend USDC directly from self-custody wallets at Visa-accepting merchants. The tangem global rollout starts in the US, Latin America, and selected Asia-Pacific countries.

Tangem Pay Features

Tangem Pay uses virtual Visa cards, integratable with Apple Pay and Google Pay. Transactions settle on the Polygon network, chosen for its speed, predictable fees, and high transaction capacity. For now, Polygon covers gas costs, and Tangem charges no fees.

Key Benefits of Tangem Pay

Convenience and Accessibility

Users can spend USDC directly, without needing to convert to fiat currency. Marcos Nunes, CEO of Tangem, notes that supported assets and settlement options will expand over time.

Tangem Pay Technical Details

• Virtual cards are available now, with physical cards planned for later this year.
• Transactions are settled on the Polygon network.
• No fees are charged by Tangem during the initial period.

Key Takeaways

• Tangem Pay allows direct USDC spending at Visa-accepting merchants.
• The service uses virtual Visa cards and settles transactions on Polygon.
• Tangem plans to expand supported assets and settlement options.
• No fees are charged by Tangem during the initial period.

Frequently Asked Questions

What is Tangem Pay?

Tangem Pay is a retail payment service allowing users to spend USDC directly from self-custody wallets.

Which countries are included in the rollout?

The tangem global rollout includes the US, Latin America, and selected Asia-Pacific countries.