THORWallet announced the upcoming rollout of its Next-Generation Card Program, a self-custodial payment card designed to enable real-time spending of on-chain assets. The program targets 174 countries and is built on a partnership with Fiat24, with additional disclosures expected, aiming to convert native crypto liquidity into fiat at the point of sale while keeping users’ keys under their control.
The core distinction of the Next-Generation Card Program is its direct linkage to users’ non-custodial DeFi wallets. Self-custody is a model in which users retain exclusive control of their private keys and therefore their assets. The card will permit instantaneous conversion of BTC, ETH, SOL and XRP from the user’s wallet when a transaction is executed, rather than requiring pre-deposits to a custodial account. THORWallet characterizes the launch as a fundamental redesign of crypto payment cards: “full flexibility over everything,” according to THORWallet communications.
Key technical elements include multi-chain compatibility powered by underlying THORChain technology and AI-optimized swaps intended to minimize slippage and cost during crypto-to-fiat conversions. The program offers both physical and virtual cards with immediate activation on issuance.
The program is planned to be available in 174 countries, including the United States, and is built around a partnership with Fiat24 that supplies a Swiss-regulated IBAN and a virtual Mastercard. That partnership brings a regulated TradFi onramp inside the DeFi user experience and supports multi-currency handling including CHF, USD, EUR and CHN.
Market access and partnerships for THORWALLET Program
Card funding supports USDC with no top-up fees; a Pro tier adds higher spending limits, zero foreign-exchange markup and zero ATM withdrawal markup. The Pro tier also integrates a cashback mechanism linked to $TITN staking that ties loyalty rewards to platform activity.
THORWallet positions the card within a broader DeFi superapp strategy that combines native asset cross-chain swaps, yield features and fiat rails. The company cites more than $1.1 billion in total transaction volume across its mobile and web platforms as evidence of operational scale. As a consistent top volume driver on Thorchain and complementary networks, the platform highlights its capacity to route liquidity and execute swaps with execution efficiency.
The roadmap includes future support for additional fiat denominations and premium services such as airport lounge access, travel insurance and upgraded card materials, signaling an intent to extend product functionality beyond basic payments.
The Next-Generation Card Program formalizes THORWallet’s effort to merge self-custodial DeFi infrastructure with regulated payment rails; the immediate implication is broader retail usability for native crypto assets without surrendering custody.
