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Kraken Debuts in the U.S. a Debit Card Backed by 600-Plus Fiat And Digital Assets

Published

19 August 2026

Topic

opportunities

Sectors

Fintech

Geography

United States

Source

Read at digitaltransactions.net

Verified

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.

Coverage

1 source · 19 Aug 2026

Related on Wire

Topics

Fintechcryptodebit-cardfiat-currenciesdigital-assetspaymentsfintech