Spending Crypto Just Got Easier: Truther's New Visa Card in El Salvador

Key Features:

• Spend USDT directly from your wallet
• No need to top up the card
• Real-time conversion of purchase amounts
• 2% fee for currency conversions
• No IOF tax for Brazilian users

How It Works

• Founder Rocelo Lopes explains: > If your hotel bill is 30 euros, the card deducts the USDT equivalent instantly.

Advantages Over Traditional Crypto Cards

• No custodial accounts required
• Full control of funds via a private wallet on the Polygon blockchain
• Plans to migrate to the Liquid network for enhanced privacy

Truther's Growth and Expansion

• Processes $40 million daily volume via PIX in Brazil
• Partnering with Visa to test stablecoin payouts for creators and gig workers
• Expanding Swapix API to Argentina, Mexico, Colombia, and Russia

Market Strategy

• Targeting markets with 24/7 payment infrastructure and QR code support
• Wallet supports BTC, USDT, and a Brazilian real-pegged stablecoin
• Plans to add tether gold and an Argentine peso-pegged token by early 2025

Future Predictions

• Stablecoin volumes could triple in the next 12 months
• Integration with traditional banks to expand stablecoin adoption