Crypto.com, Travel Wallet Sign MoU to Launch Co-Branded Card and In-App Crypto Trading
The agreement seeks to merge Crypto.com’s infrastructure with Travel Wallet’s global payments reach to speed cross-border spending.
Overview
- Crypto.com announced the Memorandum of Understanding on Oct. 21, confirming Travel Wallet as its primary card-issuing partner in South Korea.
- The partners plan a co-branded prepaid card that supports fiat and crypto for worldwide spending through Travel Wallet’s Visa network.
- Travel Wallet will integrate Crypto.com’s crypto-as-a-service tools so users can buy, sell, and trade digital assets directly in the app.
- A KRW‑pegged stablecoin is slated for promotion to lower international transfer costs and improve transaction speed, with timing still to be determined.
- Travel Wallet reports over 8 million users, support for 40+ currencies, transactions above KRW 6 trillion, and acceptance at 100 million+ locations via its Visa Principal License.