The card targets digital-asset holders shut out of traditional credit, letting applicants post USDC collateral while continuing to earn yield on staked assets.
Cardless and Coinbase have introduced a credit card designed for people who cannot access conventional borrowing but hold digital assets. Applicants are required to pledge part of their USDC as collateral, a structure that can reduce lender risk by securing the credit line with stablecoin reserves. Users can continue earning yield on staked assets (tokens locked to earn rewards), and access to the card costs $49.99.