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Stripe, Visa to power Fold’s new bitcoin rewards credit card

Fold Holdings (FLD) announced it has selected Stripe to power the upcoming launch of the Fold Bitcoin Credit Card, a bitcoin-only rewards product designed to turn everyday spending into a direct path to bitcoin ownership. Issued on the Visa (V) network and powered by Stripe Issuing, the Fold Bitcoin Rewards Credit Card delivers up to 3.5% back on every purchase, with no categories and no deposit requirements. “Our credit card offers clear and compelling value and makes bitcoin easily accessible to everyone,” said Will Reeves, Chairman, CEO and Founder of Fold. “There are no categories to manage, no tokens to stake, no exchange account or balance requirements; just real bitcoin, earned automatically with every purchase. It’s simple enough for someone new to bitcoin, but built with the transparency and control early adopters expect. This is the kind of financial tool we’ve always believed bitcoin could power, and with Stripe’s infrastructure and Visa’s global reach, we can finally deliver it at scale.”

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