In a twist worthy of a Moscow evening, PayProtocol, the enigmatic sorcerer behind the curtain of Paycoin, has unveiled a grand scheme to launch a Mastercard-powered debit card on the fateful day of April 30. Ah, the irony! A card that promises to liberate us from the shackles of traditional finance, yet is birthed from the very womb of capitalism itself!
As if plucked from the pages of a fantastical novel, the announcement, made on April 14, appeared on the company’s Medium page, like a ghostly apparition. This card, dear reader, will allow its fortunate holders to top up with crypto and spend their digital treasures at Mastercard merchants across the globe. A partnership with the Swiss neobank SR Saphirstein AG adds a touch of Alpine charm to this venture, supporting not just Paycoin’s token PCI, but also the illustrious Ethereum (ETH) and the ever-so-stable USD Coin (USDC). Who knew that a card could be so cosmopolitan?
With a monthly top-up limit of 1,000 Swiss Francs, the Paycoin Mastercard is poised to become the darling of both online and offline payments, strutting its stuff alongside Apple Pay and Google Pay. Its self-custody structure is a delightful twist, granting users the illusion of control over their assets while they dance through Mastercard’s global payment network. A true magician’s trick!
Initially, this card will grace the lands of the EU and the European Free Trade Association, with dreams of expansion to distant shores and the inclusion of even more cryptocurrencies in the future. PayProtocol, in a moment of clarity, noted that since PCI made its grand entrance on Uniswap (UNI) via the Arbitrum (ARB) bridge, its liquidity has blossomed like a spring flower. 🌸
Now, firmly entrenched in the decentralized finance ecosystem, PCI has transformed into a real-time settlement asset, thanks to its low fees and lightning-fast transactions. A marvel of modern finance, indeed!
In the bustling streets of South Korea, Paycoin has already woven itself into the fabric of daily life, with over 10,000 establishments—think 7-Eleven, Domino’s Pizza, and KFC—accepting PCI as payment. With the new Mastercard, the team is on a quest to elevate Paycoin’s presence on the world stage, starting with the illustrious continent of Europe.
Following the announcement, the price of Paycoin soared by 5.7%, while its daily trading volume skyrocketed by a staggering 900% to $7.8 million, according to the oracle known as Coingecko. With a market cap of $70 million, PCI currently holds the illustrious rank of 512th. The launch of this Mastercard may very well be the turning point for adoption, even if it still languishes more than 98% below its peak. Ah, the sweet taste of irony! 🍷
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2025-04-14 14:00