Switzerland-based crypto hardware maker Tangem has widened its Tangem Pay service with a physical Visa card and a cashback program that returns eligible purchases in USDC, advancing the platform's push to make digital assets practical for everyday spending.

The initial physical-card release is limited to 5,000 white cards. Each card is issued in the cardholder's name and delivered to the address supplied during ordering. Holders can pay online or in stores wherever Visa — one of the world's largest card payment networks — is accepted, and the cards also support cash withdrawals at ATMs. The launch extends Tangem Pay beyond its existing virtual card, giving users a physical payment option for merchants and situations where digital wallets or virtual cards may not be accepted.

Physical Card Targets Everyday Spending

Tangem has designed the physical Tangem Pay card for routine purchases, including groceries, fuel, and travel expenses. Cash access is available as well, though ATM activity is subject to limits: withdrawals are capped at $250 per transaction, with a maximum of three withdrawals permitted within a 24-hour period. Overall limits vary according to the user's Tangem Pay plan.

The company positions the card as a bridge between crypto-based asset management and conventional payment infrastructure. The primary aim is to let users spend crypto more easily in ordinary situations without depending solely on digital wallets, exchanges, or separate payment products. Andrey Ilinskiy, head of Tangem Pay, indicated that the company wants crypto to become part of routine consumer spending rather than remaining tied mainly to wallets and cryptocurrency exchanges.

USDC Cashback Program

Alongside the physical card, Tangem Pay has introduced a cashback program covering qualifying purchases of at least $30. Basic plan users receive 1% cashback, while Plus plan users receive 2%. Monthly rewards are capped at $100 for Basic users and $300 for Plus users. Cashback is credited directly to users' accounts in USDC at the end of each billing cycle.

This structure sets the program apart from traditional card rewards schemes, which commonly distribute points or proprietary reward units. Tangem instead pays out in USDC, a dollar-pegged stablecoin issued by Circle. Eligibility for rewards depends on the user's region and the merchant category. Card purchases incur no transaction fees under any of the available plans, although foreign-exchange fees can apply.

Stablecoins Move Deeper Into Payment Infrastructure

Tangem's expansion arrives as spending on cryptocurrency-linked cards continues to climb. Crypto card spending reportedly more than tripled year over year, reaching $1.04 billion in July 2026. Stablecoins are also becoming increasingly woven into established payment networks: Visa reported annualized stablecoin settlement volume of about $7 billion as of March 2026, underscoring the growing use of dollar-pegged digital assets within conventional payment infrastructure.

By pairing a Visa-enabled physical card with USDC-based rewards, Tangem is bringing stablecoin functionality closer to the experience of a conventional payment card while keeping crypto as the underlying financial asset. The move also targets a longstanding friction point in crypto payments: consumers using digital assets for everyday purchases may otherwise need to move funds between wallets, exchanges, bank accounts, and dedicated payment services before completing a transaction.

Tangem's broader ecosystem combines hardware-based digital asset ownership — in which private keys are stored on physical devices rather than online accounts — through physical cards and wearable rings with fiat-related services and payment capabilities. The physical Tangem Pay card represents an extension of that model, giving users a more familiar route to spending functionality. Together, physical Visa payments, virtual cards, and direct USDC cashback could reduce the number of steps needed to use digital assets for routine purchases, while rewarding users in a widely used stablecoin rather than a separate points system.

Source: CoinTrust