Pudgy Penguins, the NFT-native consumer brand, has launched the Pengu Card, a Visa-powered crypto debit card built in partnership with stablecoin-focused fintech platform KAST, enabling users to spend crypto across more than 170 countries and 150 million merchants where Visa is accepted. Announced in late March 2026, the card extends the Pudgy Penguins ecosystem beyond NFTs into retail payments, allowing cardholders to pay with stablecoins (USDC, USDT) and the PENGU token, with KAST handling real-time conversion so transactions function like a standard debit card at point of sale. The Pengu Card launches globally with three tiers—Standard, Black, and Gold—each offering different reward levels, with marketing materials citing up to 12% cashback and up to 7% yield on balances, though later KAST documentation aligns the Pudgy-branded cards with its own Standard, Premium, and Luxe reward structures. The product supports integration with Apple Wallet and Google Wallet, as well as global ATM withdrawals, and is initially rolling out as a virtual card, with physical cards to follow; users must open and verify a KAST account to access the card. The launch marks a further push by Pudgy Penguins to convert its web3-native community and brand recognition into mainstream financial utility, while also tying additional demand and usage pathways to its Solana-based PENGU token, which saw notable but volatile price reactions around the announcement.

AI-generated background, compiled from web sources — not editorial content.

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