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news1d ago

Pengu Card is gaining traction...

More than 35,000 people are now using the Pudgy Penguins Pengu Card to earn cashback on everyday spending, as the Visa-backed crypto debit card turns routine consumer behavior into on-chain activity.

Pengu Card is gaining traction...

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The @pudgypenguins Pengu Card is picking up serious momentum. More than 35,000 people are now using the card to earn cashback rewards on everyday purchases, a milestone that underlines growing appetite for crypto-native financial products with real-world utility.

A Visa-Backed Card Built for Everyday Spending

The Pengu Card is a Visa-backed crypto debit card built in partnership with KAST, live across 170 countries and 150 million merchants, letting holders spend stablecoins and the $PENGU token wherever Visa is accepted. The card works with Apple Wallet or Google Wallet, allowing online payments and global ATM withdrawals.

The card comes in three tiers: Standard, Black, and Gold, with Gold delivering the maximum reward at 12% and Standard offering 6%. All tiers support USDC, USDT, cash, and cryptocurrency deposits, processed through Visa at 150 million-plus merchants in 18-plus local currencies.

The core appeal is straightforward. Rather than navigating exchanges or managing complex wallets, cardholders can spend crypto directly at point of sale, earning cashback in the process. The program converts routine consumer spending into on-chain activity, quietly embedding blockchain behaviour into daily life without requiring users to think about the underlying infrastructure.

From NFT Brand to Consumer Finance

This marks Pudgy Penguins' expansion from NFTs into real-world financial utility, aligning with its broader push into consumer products and mainstream adoption. For Pudgy Penguins, KAST provides the compliance infrastructure and global card network access needed to make crypto spending feel frictionless to users who have no prior experience with decentralised finance.

The Pengu Card reflects a wider trend across the crypto industry, with more projects now focusing on usability and integration with existing financial systems. With 35,000 active cardholders and a global Visa footprint, @pudgypenguins is among the more concrete examples of an NFT-native brand making that transition stick.

Sources
Pudgy Penguins Launches Pengu Card on Visa: Spend PENGU and Stablecoins at 150 Million Merchants Worldwide (PlayToEarn)
Pudgy Penguins Launches Visa-Backed Crypto Debit Card Worldwide (Benzinga)

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Author

UC Hope profile photoUC Hope

UC holds a bachelor’s degree in Physics and has been a crypto researcher since 2020. UC was a professional writer before entering the cryptocurrency industry, but was drawn to blockchain technology by its high potential. UC has written for the likes of Cryptopolitan, as well as BSCN. He has a wide area of expertise, covering centralized and decentralized finance, as well as altcoins.

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Pengu Card is gaining traction... | BSCN Breaking News