Analysis of 514,915 crypto card wallets suggests float—not cashback—is the industry's biggest moat, with user balances revealing where trust truly resides


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Promote with Leviathan News514,915 wallets is enough sample size to treat card balances like exchange float, because pre-funded wallets expose who users trust before the point-of-sale swipe. Gnosis Pay’s pitch already points at the endgame: Safe smart accounts, USDC/EURC spending, optional sDAI-style yield, and Visa T+1 settlement. Cashback is the bribe; the durable PnL is who controls idle stablecoin routing after rewards get repriced, as Crypto.com’s Level Up card benefits still hinge on CRO lockups, stakes, or subscriptions from 2 September 2025.
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