TLDR Crypto · INNOVATION & LAUNCHES

NON-CUSTODIAL USDT VISA CARD LAUNCHING IN EL SALVADOR

coindesk.com5 min read

Summary from the TLDR Crypto newsletter

Truther will launch a non-custodial USDT Visa card in El Salvador on January 29, enabling real-time spending from self-custody wallets on Polygon without preloading funds, charging 2% currency conversion fees with no IOF tax for Brazilian users as it extends its $40 million daily PIX-connected infrastructure. The card draws funds at the point of purchase rather than requiring top-ups or custodial accounts. Truther plans to migrate to the Liquid network for enhanced privacy while expanding the Swapix API to Argentina, Mexico, Colombia, and Russia, targeting 24/7 QR code-based payment systems. Its wallet currently supports BTC, USDT, and Brazilian real stablecoins. Early 2025 integrations have been planned for tether gold and Argentine peso tokens.