- Solflare launches a self-custodial crypto card enabling instant USDC spending via Google Pay, Apple Pay, and Mastercard without extra fees.
- Users reported temporary wallet access issues on Solflare, related to Solana RPC disruptions, though assets remained secure and visible on Solscan.
Solflare, one of the leading crypto wallets on the Solana network, has officially launched the Solflare Card, a new product that allows users to spend their USDC balances instantly without any additional fees or spending limits. Not only that, this card is also directly integrated with Google Pay and Apple Pay, so it can be used at more than 100 million merchants that accept Mastercard worldwide.
Unlike regular crypto payment systems, the Solflare Card is self-custodial. This means that users’ USDC balances remain securely stored in their own wallets until the payment is made.
Just imagine if you want to buy coffee or a plane ticket, just tap your phone, and your USDC is immediately used, without having to wait for an additional conversion process that can be annoying at the cashier. Not only that, all transactions are also guaranteed to be free of hidden fees.
Solflare: Easy Shopping Directly from the Blockchain
Furthermore, the Solflare Card is equipped with a layered security system, ranging from multi-factor authentication, biometrics, to real-time notifications every time a transaction is made. It feels like having a traditional wallet, but based on a super secure blockchain.
However, on the other hand, some users have recently complained about difficulties accessing the Solflare wallet via the Chrome extension or mobile app. Their tokens are still safe and can be monitored via Solscan, but the user experience is slightly disrupted by the disruption in Solana’s RPC. Some users suggest checking VPN settings as a temporary solution.
Not only presenting the Solflare Card, Solflare also continues to improve its ecosystem. They provide a non-custodial digital wallet that is compatible with the web, iOS, Android, and supports in-app staking, token exchange, Solana Pay system, notifications, and NFT functions.
In fact, there is a new onboarding feature that makes it easy for novice users to immediately buy, store, and exchange tokens or NFTs, and explore DeFi services only via mobile or web.
Behind-the-Scenes Developments of the Solana Network
On the other hand, CNF previously reported that the Solana Foundation is currently pushing for major changes to their network. The foundation is introducing a new validator strategy to reduce the dependence of validators on funding support from the foundation.
Research shows that there are validators whose funds come from 90% to 100% of the Solana Foundation. Through this step, Solana wants to build a stronger, more independent, and more resilient network.
Meanwhile, market conditions also support optimism. At the time of writing, the SOL price was trading at about $146.16, up 3.72% over the last 7 days and 9.29% over the last 30 days.
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