Card database / Visa / Stablecoin payment card

Plasma One

Updated: Sep 16, 2026

Plasma One is a stablecoin payment card and global account product launched by Plasma for individual users. Visa spending is funded by stablecoin balances held in the user's self-custodial wallet. Users can deposit USDT, USDC or USDG and, after completing identity verification in a supported region, create a virtual card for online, offline and subscription payments. The product has Lite, Core and Platinum levels, offering XPL spending cashback, AI subscription reimbursements, referral rewards and travel benefits according to level. It is currently available by invitation only.

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Card network
Product type: Stablecoin payment card
Card form: Virtual card
Operating status: Invite only
KYC level: Full KYC
Commercial relationship: No commercial relationship
Risk score: 70-79

Supported assets: USDTUSDC
Last updated: Sep 16, 2026

Official and company information

Issuer identity and company credentials

Plasma is a next-generation decentralized neobank and blockchain company focused on native stablecoin financial infrastructure. The company is dedicated to building a payment network and application ecosystem optimized for stablecoins such as USDT, USDC, and USDS, allowing users to store, earn, and spend globally while maintaining self-custody of assets. Its flagship product, the Plasma One debit card, is launched in deep cooperation with major Visa members such as Rain and underlying account custodians such as Bridge, enabling seamless real-time settlement of crypto assets at merchants in over 200 countries and regions.

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Company / issuer: Plasma One
Legal name: Plasma (Cayman Islands exempted company);
Registered region: Cayman Islands (KY)
Headquarters: Cayman Islands
Company type: Fintech
Verification status: Verified
Issuer website: Official link
Application page: Application link

Card overview

Plasma One combines a non-custodial stablecoin wallet, fiat account services, and a Visa card in a single app. Wallet infrastructure is provided by Privy, with users controlling their own wallet keys; global accounts and fiat on/off ramps are provided by Bridge's regional entities, and the Visa card is issued through Rain's card program. When a payment occurs, the system uses the user's stablecoin balance to fund the corresponding fiat transaction, enabling spending at a vast number of Visa-accepting merchants worldwide. Virtual cards are currently available, with Apple Pay and Google Pay supported where eligible by region; Core and Platinum physical cards are still in the upcoming stage. All three tiers share the same account balance, but differ in the number of free cards, cashback rates, foreign exchange markup, AI subscription benefits, support level, and travel perks.

Visa card experienceRegional availabilityTerms may change

Notice: No additional notice is available.

Usage scale & trends

2026-09 · Project-wide data

Source unspecified

Spend (USD)

$25,635,095.64

No comparable previous month

Transactions

262,698

No comparable previous month

Last six complete calendar months

Spend (USD)

765.6K

26-04

3.4M

26-05

26-06

15.2M

26-07

19.9M

26-08

25.6M

26-09

Monthly details

Period	Spend (USD)	Transactions
2026-04	$765,569.73	3,786
2026-05	$3,412,758.72	16,414
2026-06	$8,973,387.52	71,395
2026-07	$15,176,266.08	109,435
2026-08	$19,895,956.07	149,170
2026-09	$25,635,095.64	262,698

Card variants and fee differences

Compare verified fee records across card forms and tiers

Drag or swipe anywhere in the table to view every card; labels stay fixed

	PPlasma One Lite	PPlasma One Core	PPlasma One Platinum
Card form	Virtual card	Virtual card	Virtual card
Fees
Monthly fee	—	—	—
Card issuance fee	Free The first card is free.	Free Two included	Free Three included
ATM fee	—	—	—
Foreign exchange fee	1% Visa network fees apply additionally.	0.5% Visa network fees apply additionally.	Free Still settled at Visa rate
Top-up fee	0.5 USD Stablecoins free; fiat by channel, $0.50–$15	0.4 USD Stablecoins free; fiat $0.40–$15, by channel	0.3 USD Stablecoins free; fiat $0.30–$10, by channel
Failed transaction fee	—	—	—
Rewards
Cashback	—	8 USD ChatGPT Go up to $8/month, refunded to USD balance	20 USD ChatGPT Plus $20/month, Claude Pro $20/month, refunded to USD balance
Crypto cashback	0.1% 2% cashback on the first $500 spent per month, then 0.1% XPL; tiered monthly, paid weekly.	5% Base up to 3%, AI merchants up to 5% XPL, tiered monthly, not cumulative.	10% Base up to 4%, AI up to 10%, airlines up to 10% XPL, by category and monthly tier
Staking rewards	—	20,000 Core membership benefit, lock 20,000 XPL for 12 months	100,000 Platinum membership benefit, lock 100,000 XPL for 12 months
Staking APR	—	—	—
Welcome bonus	—	—	—
Referral bonus	10 USD $10 for each party; friend must spend $100 within 14 days.	10 USD $10 each, friend spends $100 within 14 days	10 USD $10 each, friend spends $100 within 14 days
Limits
Daily spending limit	—	—	—
Monthly spending limit	—	—	—
ATM withdrawal limit	—	—	—
Card network

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Fees may vary by region, card tier, and official policy. Verify the latest official terms.

Regions and language support

Application status based on public sources, official policy, and user reports. This is not application advice.

Available regions

Applications or normal card activation are supported

United Arab EmiratesAEVirginiaColombiaCOMaineIndianaKentuckyArkansasOklahomaWest VirginiaAlabamaCanadaCASpainESColoradoKansasAlaskaNew JerseyPennsylvaniaIowaMinnesotaUtahMichiganHawaiiNew YorkSouth CarolinaSouth KoreaKRIllinoisConnecticutNorth CarolinaMassachusettsWyomingNew HampshireCaliforniaTexasFloridaUnited KingdomGBMontanaNebraska

Evidence: Officially supported

Unsupported or restricted regions

Applications or features are unavailable or restricted

BelarusBYTürkiyeTRVenezuelaVENicaraguaNIVietnamVNCubaCUIsraelILIranIRRussiaRUSyriaSYMyanmar (Burma)MMIraqIQChinaCNNorth KoreaKPNepalNPIndiaINSri LankaLKNigeriaNGUkraineUA

Evidence: Officially restricted

Unconfirmed regions

Evidence is insufficient

No records

Evidence: Public sources

Availability in English-Speaking Markets

1. United States：Can apply，Can use，U.S. residents can apply through the separate U.S. card program in supported states after completing the required identity verification and providing U.S. residential and identification information.

2. United Kingdom：Can apply，Can use，The United Kingdom is included in the current Plasma One coverage and residents can obtain the card after completing the required identity verification.

3. Canada：Can apply，Can use，Canada is included in the current Plasma One issuance coverage and residents can apply after completing the required identity and residency checks.

4. Australia：Can apply，Can use，Australia is included in the current Plasma One coverage and residents can obtain the card after completing the required identity verification.

5. South Africa：Can apply，Can use，South Africa is included in the current Plasma One issuance coverage and residents can apply after completing the required identity verification.

6. New Zealand：Can apply，Can use，New Zealand is included in the current Plasma One coverage and residents can obtain the card after completing the required identity and residency verification.

7. Ireland：Can apply，Can use，Ireland is included in the supported European coverage and residents can obtain the card after completing the required identity verification.

Updated: Sep 16, 2026

KYC requirements

Current identity-verification requirements and restrictions

KYC required

YesRequired

KYC level

Full KYCRequirement confirmed

Proof of address

YesRequired

Accepted documents

Passport / National ID card / Government-issued photo ID

Review time / regional limits

Automated review usually takes minutes; manual or issuer partner review can take up to three business days.

KYC provider

SumSub

Updated

Aug 1, 2026

Payment compatibility

Support status and update date by payment scenario · Actual availability may vary by region, merchant, and issuer policy

Compatibility overview12 scenarios

Supported11

Not supported1

UpdatedAug 1, 2026

Wallet payments

Alipay

Supported

Aug 1, 2026

Wallet payments

Apple Pay

Supported

Aug 1, 2026

Cash services

ATM withdrawal

Not supported

Aug 1, 2026

AI tools

ChatGPT

Supported

Aug 1, 2026

AI tools

Claude

Supported

Aug 1, 2026

Wallet payments

Google Pay

Supported

Aug 1, 2026

AI tools

Midjourney

Supported

Aug 1, 2026

In-person payments

Offline POS

Supported

Aug 1, 2026

Online shopping

Supported

Aug 1, 2026

Wallet payments

PayPal

Supported

Aug 1, 2026

Subscriptions

Subscription payment

Supported

Aug 1, 2026

Wallet payments

WeChat Pay

Supported

Aug 1, 2026

Review

Read the editorial review, its verdict and latest update.

No review yet

No review has been published for this card. Published reviews appear here.

User reviews

Showing 10 approved reviews matched to this card

Newest first

Maryama Abdullahigoogle_play★ 1 / 5Sep 23, 2026

Plasma One: Stablecoin Card Google Play review - 1 star

don't wast your time to use this app. is not good

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Sridam baisnobgoogle_play★ 1 / 5Sep 23, 2026

Plasma One: Stablecoin Card Google Play review - 1 star

one of worst apps I've used so far. it doesn’t give access to our previous account and the mobile number says it's associated with it and verification remains incomplete . i mean what the hell is going on here‼️‼️‼️

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Hashi Ranigoogle_play★ 1 / 5Sep 23, 2026

Plasma One: Stablecoin Card Google Play review - 1 star

I alredy had a account in zar and my card was active but afer i fully factory reset my device for clearing space then i dawnload the app again try to login but there wasnt my card it saud to verify again and now it says to wait 48 hours . what is this i alredy done those why again? 😑

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Nurislam Nurtdinovgoogle_play★ 1 / 5Sep 23, 2026

Plasma One: Stablecoin Card Google Play review - 1 star

I can't log in the app after the update

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mdjahid lslamgoogle_play★ 5 / 5Sep 22, 2026

Plasma One: Stablecoin Card Google Play review - 5 star

good

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Adekeye Christophergoogle_play★ 4 / 5Sep 22, 2026

Plasma One: Stablecoin Card Google Play review - 4 star

not bad, very user friendly

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mac milangoogle_play★ 5 / 5Sep 22, 2026

Plasma One: Stablecoin Card Google Play review - 5 star

Worth to try

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Job Bodamgoogle_play★ 5 / 5Sep 22, 2026

Plasma One: Stablecoin Card Google Play review - 5 star

I just downloaded the app, I must say the interface is sweet, love it. would like to see what I can do with this app

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Imran Hossaingoogle_play★ 1 / 5Sep 22, 2026

Plasma One: Stablecoin Card Google Play review - 1 star

In my opinion, the biggest scammers, so those who are going to create an account, be careful, in the future they will take your money and close your account and will not share any information.

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Muhammad Zaingoogle_play★ 5 / 5Sep 22, 2026

Plasma One: Stablecoin Card Google Play review - 5 star

fast payment easy to use ✅✅✅ low fees from plasma chain, best chain for stablecoin.

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Risk factors

Updated: Aug 1, 2026

No risk factors are available

Frequently asked questions

Answers drawn from the published record on this page.

Does Plasma One require KYC?

Our record lists the Plasma One verification requirement as: Full KYC. Document and review details are in the KYC section of this page.

Does Plasma One support Apple Pay and Google Pay?

Apple Pay: Supported. Google Pay: Supported.

Which assets can I top up Plasma One with?

Our record lists Plasma One support for: USDT and USDC.

Is Plasma One a virtual or a physical card?

Plasma One is offered as: Virtual card.

Where is Plasma One available?

Our record lists 37 countries or regions as available and 19 as restricted. Country-by-country status is in the regions section of this page.

Who issues Plasma One?

Plasma One is operated by Plasma One on the Visa network.