Cardano and Wirex Launch Multichain ADA Card, 8% Cashback
Cardano and Wirex have launched the first multichain ADA card powered by Visa. The new Cardano ADA card lets users spend ADA and over 685 cryptocurrencies worldwide via the Wirex app. The card supports BTC, ETH and USDC, and is accepted in 130+ countries. It offers up to 8% cashback on purchases and ATM withdrawals. Traders can also access DeFi features such as crypto-backed loans, staking and yield accounts, plus structured trading products.
The Cardano ADA card is integrated into Wirex’s platform, tapping 6 million users across 130 countries. EMURGO, Cardano’s commercial arm, partnered in this launch and plans to roll out a non-custodial version in 2026. Future updates include auto-staking and tokenised real-world asset yields. A share of profits will fund the Cardano Treasury to boost ecosystem sustainability.
This initiative bridges traditional finance and on-chain finance. By offering multi-chain spending, rewards and DeFi tools, the card may accelerate ADA’s mainstream adoption. Traders should watch for increased transaction volumes and potential demand for ADA as real-world use cases grow.
Bullish
This news is bullish for ADA. In the short term, the launch of a multichain Visa-powered Cardano ADA card with 8% cashback will likely boost ADA transaction volumes as users spend and withdraw funds across 685+ assets. The integration into Wirex’s 6 million-user platform and support for major coins like BTC, ETH and USDC may drive immediate demand for ADA. Over the long term, planned features—non-custodial wallets, auto-staking and tokenised real-world asset yields—along with a funding mechanism for the Cardano Treasury, reinforce Cardano’s ecosystem sustainability and real-world utility. Historical precedents show that practical payment solutions and treasury-backed development often lead to sustained token appreciation and increased investor confidence.