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BIX Says Its Crypto Visa Card Will Expand From 29 To 49 US States

BIX says its self-custody USDC/USDT Visa card reaches 29 US states and that it aims for 49 states within six to eight months, pending approvals.

Why it matters

Wider state coverage would put stablecoin balances in front of more US consumers without asking merchants to accept crypto or run blockchain infrastructure, because settlement stays on the Visa network. The timetable depends on approvals and partner readiness that BIX does not control, and with a single outlet reporting it, the near-term effect looks limited.

Key facts

BIX says its crypto-enabled Visa card is currently available to eligible users in 29 US states.

29 US statesReported by Bitcoinist

BIX says it aims to extend the card to 49 US states.

49 US statesReported by Bitcoinist

BIX puts the expansion on a six-to-eight-month timetable that depends on regulatory approvals and on the financial institutions supporting the card program.

Reported by Bitcoinist

Eligible users spend from supported USDC or USDT balances held in a self-custody wallet.

Reported by Bitcoinist

Merchants receive fiat through the conventional Visa payment system rather than stablecoins.

Reported by Bitcoinist

BIX says supported stablecoin and network combinations include Ethereum, BNB Smart Chain, Base, Solana and Optimism.

Reported by Bitcoinist

What happened

Bitcoinist reported that BIX, a crypto card provider, currently makes its self-custody Visa card available to eligible users in 29 US states. BIX says it wants to take that coverage to 49 states within six to eight months, and that the timetable depends on regulatory approvals and on the financial institutions backing the card program. Eligible users hold supported USDC or USDT balances in a self-custody wallet and spend against those balances, while merchants receive fiat through the conventional Visa payment system. BIX says the supported stablecoin and network combinations span Ethereum, BNB Smart Chain, Base, Solana and Optimism, so the stablecoin balance is converted on the card rails rather than at the merchant. No other outlet in this set carries the plan, so the 29-state figure and the six-to-eight-month target both rest on BIX's own account and have not been independently confirmed.

How the story developed

  1. First report

    First report by Bitcoinist

    BIX Card Wants To Expand Crypto Spending From 29 To 49 US States

    Bitcoinist

  2. Update

    Bitcoinist reports BIX's plan to take its Visa card from 29 to 49 US states

    Single-outlet report; the 29-state coverage, the six-to-eight-month target and the approval conditions all come from BIX.

    Bitcoinist

Affected entities

Also mentioned: Solana, BNB, Base, Optimism

Original sources

PublisherReportRolePublished
Bitcoinist
Crypto media
BIX Card Wants To Expand Crypto Spending From 29 To 49 US StatesOriginal