Wire · opportunities
Kraken Debuts in the U.S. a Debit Card Backed by 600-Plus Fiat And Digital Assets
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Fusion42 · 21 August 2026 · Fusion42 review
Kraken has launched the Krak Card in the U.S., a debit card enabling users to spend over 600 fiat and digital currencies in real time, supported by Stripe Issuing and usable anywhere Visa is accepted. The card offers up to 2% cashback and allows users to prioritise and fence certain assets, reflecting growing interest in digital asset-backed payment solutions.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
You must act now if you build fintech payment products because Kraken just made digital and fiat multi-asset spending a mainstream Visa option in the U.S. Your competitors can no longer ignore real-time crypto-to-fiat conversion at checkout.
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1 source · 19 Aug 2026
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