Corn has launched a private members club for digital asset holders after shutting down its Bitcoin layer-2 network on June 30, 2026. The network held around $1 billion in deposits at its peak, but founder Chris Spadafora said much of that capital was attracted by incentives rather than sustained usage. Polychain Capital has invested in Corn three times, taking total funding to $19 million, although Corn has not disclosed the size of its latest contribution. The new business combines a stablecoin payment card with a named concierge, private events, travel services and quarterly experience programs. Members can deposit USDC and USDT from major blockchain networks, with card balances settling in USDC on Base. Rain, a regulated card platform, issues and processes the Visa cards, which will be available in more than 50 countries, including the United States. Spending limits vary with members’ digital-asset balances, which remain in user-controlled embedded wallets rather than pooled company accounts. Corn says it does not hold the balances, and withdrawals require authorization from both the member and the card platform. Applications are reviewed individually, with holdings considered but no published asset threshold or fixed approval formula. The company plans additional market-by-market rollouts through the fall, while the first quarterly program experiences are scheduled to roll out this quarter.