Cashi has launched a public beta of its stablecoin spending app and Visa card, positioning the product as a way for users to hold stablecoins and spend them via a card.
In a blog post, the company said users can deposit USDT or USDC and receive a virtual Visa card.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Cardholders then can pay wherever Visa is accepted, including online and in-store using Google Pay.
The company expects a full launch before the end of the year.
Cashi is targeting people who are paid in one currency and spend in another. The company said balances remain in stablecoins until the point of purchase, when the transaction is processed through the card.
Cashi founder and CEO Esther Wong said: “We built Cashi around a simple idea: money should be easy to hold, easy to spend, and steady in value.
“Our users are freelancers, families, and travellers who already live globally. They don’t want to trade crypto. They want money that’s simple, stable, and spendable. That’s the whole product.”
At launch, users can add the virtual card to Google Pay for in-store payments. Cashi said Apple Pay support and physical cards are planned for the full launch.
The company also reported that more than 1,100 people joined its waitlist ahead of the beta release.
Separately, issuer processing platform Thredd said it has been selected by Cashi to power its stablecoin spending and cashback card programme.
The programme is live in Hong Kong, with expansion into Mexico planned for late 2026.
