finance

@0xskywalkerl posting this here for more 👀 re: Offramp.xyz 😊

1. We need a physical card - are they still shipping?
2. So, it's USDC wallet, magically tied to a functioning prepaid Visa/Mastercard?
3. Any way to hold ETH/BTC and have it auto-convert at the last possible moment?
4. What bank is holding the USDC?

Founder @ Offramp.xyz

A global USD account built on stablecoins.

1. You can already get a virtual card and add it to Apple Pay / Google Pay. We already have some Aussie users paying for things this way + online on ecommerce websites. We don't have physical cards ready yet, they still have to be manufactured.

3. We aren't a wallet - the idea is that you can use any wallet (Metamask, Rabby, Coinbase, etc.) to get an Offramp Card. If you don't have an existing wallet, you can also sign up via an email address to spin up an embedded wallet automatically.

4. We aren't a wallet so you don't hold ETH / BTC (or any crypto) with Offramp. You hold it in whatever web3 wallet you're using. We're not a fan of auto-converting crypto at the last possible moment before a transaction happens because that will generally make decline rates soar (which is not ideal for users).

5. We don't have a bank issuing the card, we have a card issuer (https://reap.global).

2. No. Whenever USDC on Polygon is sent to your card's top-up wallet address, it just credits your card's balance with USD at a 1:1 rate.