🌜💳🌛 Introducing Moonwell Card — Leveraging what's yours has never been easier!

Shop, dine, and travel globally while keeping your assets onchain. 

Accepted at 44+ million merchants worldwide, Moonwell Card makes spending your crypto effortless.

🌜💳🌛 Introducing Moonwell Card — Leveraging what's yours has never been easier!

Shop, dine, and travel globally while keeping your assets onchain. 

Accepted at 44+ million merchants worldwide, Moonwell Card makes spending your crypto effortless. https://mirror.xyz/moonwell.eth/jsLkQ6o6m7nITn-ezmatPAGRO8pxTPBmlDwll7SLMU8

An open lending and borrowing DeFi protocol built on Base, Moonbeam, and Moonriver.

How is the privacy on this? Like for example does any transaction data become publicly available to the blockchain or in metadata? Might someone leave a trail of where they had been such that those who watch their wallet and might want to rob or hard them could?

exploring the intersections of technology, decentralization, and leftism • now with 50% more video game content! • links: thumbsup.me • words: blog.thumbsup.me

Thanks for asking this question. This is also what is preventing me from using Gnosis Pay.
But looking at the blog post, Moonwell appears to work more like a prepaid debit card, where you have to pre-fund a custodial account by sending it USDC, and the balance of that account gets debited when using the card.

Wannabe contributor for /walletbeat.

Censorship resistance requires privacy.

Interesting. So I guess Visa or whatever bank operates that account knows the onchain address the money comes from (and people onchain know which address the money goes to) but externally it should be hard to correlate. Does feel like it will inspire data breaches though, to dox onchain accounts