Ah, the circus of cryptocurrency! Behold, the esteemed Tangem, that cunning juggler of digital fortunes, has unveiled its latest spectacle: Tangem Pay, a virtual Visa card that dances directly with its hardware wallet. Now, the plebeians may fling their stablecoins at the merry merchants of the world, as if tossing coins to a street performer! 🎩✨
In cahoots with the American sorcerers of payment infrastructure, Paera, Tangem Pay permits its patrons to deposit and squander Circle’s USDC on the Polygon network. So proclaims the herald in a proclamation whispered to CryptoMoon on a Wednesday, no less. 🌙
“Once the humble soul deposits into their Tangem Pay account, they may frolic and spend wherever Visa’s banner flies, heedless of the local currency!” declared Marcos Nunes, the ringmaster of Tangem Pay. And lo, it supports Apple Pay and Google Pay, for instant gratification is the opium of the masses. 📱💸
This grand charade shall commence in late November, sweeping across the United States, Latin America, and the far-flung lands of the Asia-Pacific, with Europe left to await its turn in 2026. A true odyssey of patience! 🗺️
A Carnival in 42 Lands
The initial revelry of Tangem Pay shall unfold in 42 realms, from the sun-kissed shores of Australia to the bustling streets of Brazil, Japan, Hong Kong, Singapore, and the good ol’ US of A. A veritable global masquerade! 🌍
“The virtual card is but the opening act-we toil already to add new lands and baubles, that this may become our patrons’ cherished companion for their daily indulgences,” Nunes added, with a wink and a flourish. 🎪
This grand spectacle aligns with Tangem’s lofty ambition: to deliver the full self-custody experience-“store, grow, and spend.” A trifecta of financial liberation, or so they claim! 🔐💰
Self-Custody Meets the Iron Fist of KYC
Ah, but here lies the rub! Unlike the custodial wallets, where third parties are but distant specters, self-custodial solutions allow one to hoard crypto in solitude, typically sidestepping the meddlesome Know Your Customer (KYC) rituals. But Tangem Pay, alas, is not so pure. For while its hardware wallet embodies the “be-your-own-bank” mantra, the Tangem Pay account remains shackled to KYC’s cold embrace. 📜⚖️
“Tangem, that innocent bystander, has no access to user data. If a soul submits to KYC, it applies only to their Tangem Pay balance,” Nunes proclaimed, with a dramatic gesture. And should a user be branded a miscreant or engage in illicit deeds, it is their regulatory partner-not Tangem-who shall sever the payment card from the network. “Fear not, for no one may touch the Tangem wallet itself, and Tangem Pay’s KYC is but a fleeting shadow,” he added, with a sly grin. 🕵️♂️🔒
“If a user is sanctioned or engaged in illegal activity, our regulatory partner – not Tangem – can disconnect the payment card from the payment network. Again, no one has access to the Tangem wallet itself, and Tangem Pay’s KYC has no effect on this.”
The compliance and settlement machinations of Tangem Pay are orchestrated by Rain, a stablecoin payment infrastructure that has pledged its allegiance to Western Union’s forthcoming stablecoin-based settlement system. Ah, the web of alliances grows ever more intricate! 🕸️
Announced with great fanfare in late October, Western Union’s Solana-based Digital Asset Network shall unleash its proprietary stablecoin upon the world in the first half of 2026. Mark your calendars, for the financial apocalypse-or perhaps just another Tuesday. 📅🚀
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2025-11-05 22:05