TECHNOLOGYR/DEFI
Why are there no crypto credit cards?
The article discusses why crypto lending protocols like Aave and Kamino haven't launched credit cards despite the booming crypto debit card market. It suggests these protocols could leverage collateralized assets to offer credit functionality, similar to how existing crypto card providers operate, though with some trade-offs in decentralization.
Mentioned
Related Signal
Adjacent reporting
- Most crypto cards are just debit cards with extra steps and maybe that is the problem
- Disposable crypto debit cards
- Are stable cards actually the missing piece for crypto adoption?
- Crypto cards are everywhere now. Which one do you actually use and why?
- Top 4 crypto credit card everyone uses in web3 space.
- Spending Crypto On Solana Feels Closer Than Ever: Comparing crypto Cards & Spends