Baanx Launches Rewards Wallet in Partnership with Circle for Crypto Users
Baanx has launched a rewards wallet that integrates on-chain finance with traditional loyalty programs, utilizing technology from Circle, the issuer of the USDC stablecoin. Key features include:
- Access to cashback, fee discounts, subscription perks, and exclusive experiences.
- Collaboration between traditional card networks and decentralized finance (DeFi).
- Partnerships with MetaMask and potential collaborations involving Visa.
- Rewards of up to 6% cash-back for users of the MetaMask debit card in the first month.
- Focus on using USDC for incentive programs instead of Tether (USDT).
Sanja Kon from Circle noted the integration enhances value for crypto users through innovative applications of their wallet technology.