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Project Overview
Lead Bank is a crypto-friendly bank based in Kansas that provides fintech and digital asset companies with services such as fiat-crypto conversion channels, virtual accounts, ACH/wire transfers, and supports stablecoin payments and card products (such as partnerships with Stripe/Visa).
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Kraken's payment app Krak launches multi-asset debit card in the US, supporting over 600 assets with up to 2% cashback
Odaily News: Cryptocurrency exchange Kraken's payment app Krak has launched a multi-asset debit card in the US, allowing users to spend cryptocurrency and fiat currency, with up to 2% cashback in USD or Bitcoin. The card supports over 600 currencies and assets, converting holdings to USD at checkout. Individual transactions can draw from multiple balances, and users can set their own asset spending order. The card is issued by Lead Bank, connected to the Visa network, and powered by Stripe Issuing. Arjun Sethi, co-CEO of Payward, Kraken's parent company, stated that Payward is expanding its asset classes and financial services, currently offering banking services, and views tokenization as an important component of expanding financial products. Krak said that since its launch in the UK and the European Economic Area in December 2025, it has issued more than 135,000 multi-asset cards. (Cointelegraph)
Visa Head of Crypto Business: Two US Banks Already Using USDC for Transactions on Solana
Odaily News: Cuy Sheffield, Visa's Head of Crypto Business, stated that two US banks, Lead Bank and Cross River, have already settled transactions using USDC on Solana. (SolanaFloor)