Solayer Pay Adds Five Blockchain Networks For Direct Stablecoin Card Deposits

TL;DR: Solayer Pay says its card app now accepts supported stablecoin deposits from Solana, Ethereum, Arbitrum, BNB Chain and Base without an additional bridging step. Moving stablecoins from a crypto wallet to a payment card has often involved an awkward detour through another blockchain or exchange. Solayer Pay is trying to remove that step by accepting deposits from five popular networks directly into its card balance. In an announcement dated Thursday evening in the United States, Solayer said users can now fund the app from Solana, Ethereum, Arbitrum, BNB Chain and Base. The product supports deposits using eligible dollar-pegged tokens such as USDC and USDT on the supported chains. The network problem behind a simple purchase A dollar-backed token issued on one blockchain is not interchangeable at the technical level with a version on another network. A person might own USDT on BNB Chain while their payment app previously accepted deposits only on Solana. Bridging or exchanging the funds introduces extra steps, network fees and the possibility of using the wrong address. Solayer says its new deposit flow lets users choose the network where their supported tokens already reside...