Stellar Community Fund

By Mykobo

Stablecoin funded virtual card

SCF #26

$50.0K

Legacy v5.0 Community Award

Awarded

A EUR denominated virtual debit card funded by Stablecoin balance.

Products & Services

Providing the ability to spend your Stablecoin balance for everyday purchases removes one of the barriers to mass adoption of blockchain services. MYKOBO intends to provide a Stablecoin funded virtual card in this project. The Stablecoins used will be curated to ensure compliance with prevailing EU regulations and Card Scheme rules. The solution can be extended to include physical cards in a future project. The service will be provided to ecosystem partners for integration into wallet solutions benefiting a wider set of users.