In an exciting development for the crypto community, Tangem has announced the launch of Tangem Pay, a non-custodial payment account designed to bring seamless cryptocurrency payments into everyday life. This groundbreaking feature allows users to spend USDC directly via a virtual Visa card, opening up new possibilities for blockchain-based transactions.
What is Tangem Pay?
Set to roll out in late November, Tangem Pay integrates with the Tangem Wallet app, enabling users to load Polygon-based USDC and make instant, secure payments globally. Unlike custodial crypto payment solutions, Tangem Pay ensures that funds remain on-chain and under the user’s control, preserving the self-custody principle that lies at the core of decentralized finance.
Key Features of Tangem Pay
- Non-Custodial Design: Full user control over funds, ensuring maximum security and transparency.
- 1:1 Conversion: USDC is converted to USD during payment, providing a hassle-free experience for merchants and customers alike.
- Global Availability: Phased launches across the United States, Latin America, and Asia-Pacific, followed by the UK and EU in early 2026.
- No Fees: Users will not encounter monthly or transaction fees, although standard Polygon gas costs and Visa’s foreign exchange rates apply for purchases outside the U.S.
- KYC Compliance: Ensures regulatory security without compromising user privacy. Identity data remains under Rain, a partnered financial issuer, delivering safe storage.
Supporting the Stablecoin Trend
The launch of Tangem Pay aligns with the rising adoption of stablecoins in the payment landscape. Stablecoins dominate crypto payments today, with a collective market capitalization exceeding $300 billion. Visa’s research even states that over 60% of crypto holders are interested in using cryptocurrencies, such as USDC, for daily expenses.
With Tangem’s collaboration with Rain, Visa, and Paera LLC, the platform bridges the gap between decentralized assets and real-world commerce. While the initial rollout supports native USDC on Polygon, Tangem plans to expand its offerings to additional stablecoins and networks in future updates.
How to Get Started
Users across 33 U.S. states, including New York, California, Texas, and Illinois, can join the initial rollout phase by registering via the Tangem app. Outside the U.S., Latin America, Japan, Singapore, and Australia are among the first regions to gain access, with a comprehensive waitlist already live in the app. For European users, the service will launch in sync with the EU’s MiCA framework in 2026, ensuring compliance within regional financial regulations.
Why Choose Tangem Pay?
By leveraging the benefits of blockchain technology alongside Visa’s trusted global infrastructure, Tangem Pay is aimed at modernizing how people and businesses handle financial transactions. Its hybrid design allows for transparency and flexibility while adhering to the highest security standards.
If you’re looking to dive into the world of crypto payments securely and easily, now is the perfect time to explore Tangem Wallet. Ready to take control of your digital finances? Download the app today and join the waitlist for Tangem Pay!
