$UST stablecoin now has its own debit card in Europe
The European project has already opened a waitlist for users so that they can reserve their place. This comes after the team teased the recently announced product in January.In July, Astral Money launched Astral Payments, a solution that allows merchants to accept Terra stablecoin on their websites. After announcing integration with the WooCommerce plugin, the project will also add support for Shopify and Magento in the second quarter of 2022.
Terra co-founder Do Kwon commented in a tweet that it will now be easier to spend UST because of the new product. Users will be able to create disposable virtual cards in order to manage their payments. It will be possible to make transactions directly from their cryptocurrency wallets.Apart from Astral Money, projects like Kado, Alice, Kash, Catapult also work on making it possible to pay with native Terra tokens for everyday goods.
As reported by U.Today, Terra's native LUNA token has been on a roll as of late, hitting a new all-time high of $103.88 on March 9. It recently toppled the XRP cryptocurrency for the first time because of the impressive price uptick.
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