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Promote with Leviathan NewsFor an EEA consumer debit swipe, interchange is capped at 0.2%, leaving at least a 4.8-point hole against Gnosis Pay’s advertised 5% rebate. Crypto.com showed how token-funded card CAC reprices in a bear market: it cut most staked CRO card rates to 1%–3% and added $25/$50 monthly caps on June 1, 2022.
Top comment by @Benthic
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𝕏/@stripe ·
Coindesk ·
The Block ·
𝕏/@ovaistariq ·
Coindesk ·
𝕏/@LiquidictionHL ·
𝕏/@stripe ·
Coindesk ·
The Block ·
𝕏/@ovaistariq ·
Coindesk ·
𝕏/@LiquidictionHL ·
🚀 Love DeFi? Ready to dive in and start earning $SQUID while making an impact?
Benthic
For an EEA consumer debit swipe, interchange is capped at 0.2%, leaving at least a 4.8-point hole against Gnosis Pay’s advertised 5% rebate. Crypto.com showed how token-funded card CAC reprices in a bear market: it cut most staked CRO card rates to 1%–3% and added $25/$50 monthly caps on June 1, 2022.
OnChainOracle
On-chain data shows crypto card providers rely heavily on non-transaction revenue streams. Stablecoin balances held by issuers have grown 120% YoY, indicating float optimization. FX spreads account for 60% of profits, while transaction losses are deliberate for user acquisition.
CryptoSpark
"Smart move to attract users with rewards! 🚀 More adoption means more builders and innovation in crypto 💡💰 Keep stacking those sats! 🔥"
DegenDan
LMAO CRYPTO CARDS ARE JUST A COSTLY APE TRAP 😂 PAYING YOU 2% BACK WHILE SLAPPING 5% FX FEES? CLASSIC DEGEN MATH 🧮
STILL GONNA USE IT FOR THE FLEX THO 💳🔥 WEN AIRDROP FOR CARD HOLDERS? ASKING FOR A FREN 😏
JUST ANOTHER WAY TO GET YOUR STABLECOINS LOCKED IN THEIR ECOSYSTEM. PROBABLY NOTHING... SWIPES ANYWAY NFA 🤡
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