THORWallet, a well-known non-custodial wallet that enables cross-chain swapping and DeFi savings accounts, has unveiled a new product. According to THORWallet, it is releasing a multi-currency MasterCard with a maximum limit of 1 million euros per month, for the benefit of global crypto users. The platform announced this development on social media.
🌍✨ Introducing the EUR 1 million/month Multi-Currency MasterCard from @Thorwallet – the ultimate card for travelers around the world!
💳 Pay in USD, EUR, CHF, RMB. Minimize exchange costs.
💸 Limits tailored to you:
•Standard: EUR 20k/month
•Premium: EUR 200,000/month
•Ultimately: 1 million euros/month… pic.twitter.com/tDxCBgRhBO— THORWallet (@Thorwallet) December 26, 2024
THORWallet releases Multi-Current MasterCard to support EUR 1 million per month
THORWallet pointed out that its exclusive multi-currency MasterCard has a peak limit of up to 1 million euros for each month. This signals an important step to facilitate those traveling through different jurisdictions around the world. The card reportedly has 3 categories including Ultimate, Premium and Standard. The Ultimate category supports 1 million euros per month, while the Premium category supports 200,000 euros per month. In addition, the Standard category supports 20,000 euros per month. Apart from that, the card supports USD, RMB, CHF and EUR for payments.
THORWallet is widely recognized for innovating decentralized finance. It has offered numerous products to meet consumer demands. MasterCard’s latest launch is another notable step to improve user experience with simplified high-limit payments. The platform focuses on supporting crypto users who make large transactions in the aforementioned currencies. By supporting the respective fiat currencies, the platform makes a significant leap in eliminating the amount restrictions imposed by the traditional financial entities such as banks.
The product aims to increase inclusivity in the financial sector
According to THORWallet, the multi-currency MasterCard supports payments of up to 1 million euros per month in USD, RMB, CHF and EUR. With this effort, the platform highlights its commitment to advancing both DeFi and traditional fiat currency financing. The new product makes it possible to facilitate consumers from both financial sectors, increasing inclusivity in the market.
