According to online reports, Baanx has partnered with Visa to launch a stablecoin payment card tied to a self-managed wallet, and the first time supports the USDC issued by Circle. The card "allows cardholders to consume USDC directly from their crypto wallets", using a smart contract to transfer the USDC balance to Baanx in real time at authorization, and then convert it into fiat currency to complete the payment. Baanx is also working with Mastercard to develop a wallet card that binds MetaMask. "We are giving people the ability to hold and consume dollar stablecoins in a self-custodial, real-time manner-this is the future of finance," Baanx said.