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Exchanges Shift from Telegram Gray Cards to Official Visa and Mastercard U-Cards

Digital exchanges are transitioning to regulated U-Cards that bridge blockchain transactions with everyday financial activities, indicating a move from anonymous practices to official payment solutions.

Summary

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Terms & Concepts
  • U-Cards: Payment cards designed to integrate on-chain crypto transactions with off-chain spending.
  • On-chain: Transactions executed directly on the blockchain, ensuring transparency and traceability.
  • Off-chain: Transactions conducted outside the blockchain network, often for enhanced privacy or scalability.