Cryptocurrency wallet innovator Tangem has launched a new payment solution, Tangem Pay, a virtual Visa card that integrates directly with its hardware wallet. This cutting-edge development allows users to spend stablecoins at millions of merchants worldwide, marking a significant milestone in the adoption of crypto for everyday transactions.
In partnership with U.S.-based payment infrastructure company Paera, Tangem Pay enables deposits and spending of Circle’s USDC stablecoin on the Polygon network. The announcement, made on Wednesday, highlights Tangem’s ambition to merge self-custody crypto solutions with mainstream payment systems.
“Once the user deposits into their Tangem Pay account, they can spend anywhere Visa is accepted, regardless of the local currency,” said Marcos Nunes, CEO of Tangem Pay. The solution is also compatible with Apple Pay and Google Pay, allowing for instant Visa payments without friction.
Major Rollout Across 42 Countries
Tangem Pay cards are set to launch in late November across the United States, Latin America, and key Asia-Pacific markets. A European rollout is planned for 2026. The initial deployment covers 42 countries, including Australia, Brazil, Japan, Hong Kong, Singapore, and the United States.
“The virtual card is just the beginning — we are already working on expanding to new countries and offering incentives to make this our users’ go-to card for daily spending,” Nunes explained.
Tangem positions the pay card as a central pillar in its broader vision for a comprehensive self-custody crypto ecosystem. This ecosystem encompasses secure storage, portfolio growth, and day-to-day spending. Unlike custodial wallets, self-custodial solutions give users direct ownership of their digital assets without the need to comply with restrictive KYC mandates.
Self-Custody Meets Regulated Payments
While the Tangem hardware wallet functions as a cold storage solution, adhering to the “be-your-own-bank” philosophy, Tangem Pay itself remains regulated. The pay card requires KYC verification only for the card balance. Tangem has no access to user data, and regulatory partners can disconnect cards involved in illicit activity without compromising the user’s hardware wallet.
Compliance and settlement for Tangem Pay are managed by Rain, a stablecoin payment infrastructure provider. Rain recently revealed plans to integrate with Western Union’s upcoming stablecoin-based settlement system. Western Union’s Solana-based Digital Asset Network, expected to launch in the first half of 2026, will feature its proprietary stablecoin.
Navigating Global Stablecoin Regulations
Tangem Pay’s operation is guided by ongoing global regulatory developments for fiat-pegged digital tokens. Stablecoins have attracted regulatory scrutiny due to concerns around financial stability, consumer protection, and anti-money laundering (AML) compliance.
In the United States, the GENIUS Act of 2025 established a federal definition for “payment stablecoins.” The legislation mandates full-reserve backing in liquid assets, monthly disclosure reports, and restrictions against misleading marketing that could imply government backing. Crucially, the Act clarifies that federally regulated stablecoins are neither securities nor bank deposits, giving issuers and users legal certainty.
Regulatory attention is also growing internationally. The EU’s MiCA framework, the UK’s proposed stablecoin regulations, and guidance from global institutions such as the Financial Stability Board (FSB) and Financial Action Task Force (FATF) all emphasize transparency, operational resilience, and cross-border coordination. For Tangem Pay, operating across 42 countries, compliance with a broad spectrum of rules on reserve requirements, consumer protection, and AML is essential.
The Future of Self-Custody Payments
Tangem Pay represents a major step toward merging the security and ownership benefits of self-custody crypto wallets with the convenience of global payments. By bridging stablecoins with mainstream financial networks, Tangem is laying the groundwork for a new era of everyday crypto spending.
As regulatory frameworks evolve and adoption grows, Tangem Pay’s global rollout could redefine how users access, store, and spend their digital assets. For crypto enthusiasts and everyday consumers alike, the era of self-custody payments is finally arriving.
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