Sanctum brings the Cloud Card—SOL card, the first debit card built on Solana, in partnership with Jupiter Exchange and BasedApp.
Unlike the standard debit card, this card improves how customers spend SOL and stablecoins. The SOL card offers a smooth, enjoyable, and interactive payment experience. Read on to understand the use cases for this new card.
What Makes the Cloud Card Different?
The Cloud Card isn’t your typical debit card. It is a Solana card that is compatible with different blockchain protocols. This feature will enable it to bring about more innovations and extra features. The card is versatile and can integrate with various dApps.
This crypto card allows you to spend your SOL tokens and stablecoins without hassle while enjoying many rewards and perks. Plus, it taps into Solana’s community-driven ecosystem, offering benefits beyond simple transactions.
Two of Jupiter’s LFG projects, @sanctumso and @deBridgeFinance dropped some 🔥 announcements at Breakpoint yesterday.
A TL;DR if you missed it —
1) @sanctumso is ushering in the era of PayFi on Solana with Creator Coins and the Cloud Card.
Creator Coins allow anyone to… pic.twitter.com/G5X1BfmEU6
— Jupiter Uplink (@jup_uplink) September 21, 2024
One of the card’s main benefits is the integration of Creator Coins. The creator coin implies that creators interact with Solana’s financial system. Though further details are still scarce, this feature will extend creators’ influence.
With this, creators can issue tokens or rewards linked to Cloud Cards. Everything about this new card provides exciting opportunities for users.
Our commitment is to build a better world for crypto and Solana.
We want to let users spend, save and create value.
Here’s the two main products we announced at @solanaconf yesterday – Creator Coins and Cloud Card! pic.twitter.com/NQUW0lGtkJ
— sanctum ☁️ (@sanctumso) September 22, 2024
This partnership with Jupiter Exchange and BasedApp is a massive boost for Solana. Sanctum offers a new take on using $SOL payments. The ever-increasing progress of the project will contribute to improving Solana transactions.
Cloud Card
We’ve partnered with @basedappHQ and @jupiterexchange to launch Cloud Card, the world’s most delightful SOL debit card, which will allow you to spend your SOL and stables in over 100 different countries.
The Cloud Card will be an integral part of the Sanctum… pic.twitter.com/tXvxfKJFur
— sanctum ☁️ (@sanctumso) September 22, 2024
Conclusion
The SOL card launch is good news for Sanctum and Solana. It differs from all other payment means. It offers features like Creator Coins, user rewards, and compatibility with dApps. Being a global business with consumer-centric thinking, the Cloud Card will create ripples. It also provides users a versatile and engaging use of SOL and stablecoins.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.
We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence.
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