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Slash Fintech has officially started discussions with major card companies in Japan for the issuance of Slash Card targeting residents in Japan | CoinDesk JAPAN
Slash Fintech Limited (Headquarters: British Virgin Island, President and CEO Nobusuke Sato, hereinafter referred to as 'the Company') is pleased to announce that it has officially started discussions with a major card company in Japan for the issuance of Slash Card targeting residents in Japan.
About Slash Card
Slash Card is the first crypto credit card service in Japan that allows you to use international brand cards with stablecoins such as USDC as credit. Service users can use the credit card for Settlement with the credit balance of stablecoins, and it enables clear use cases for crypto users, such as settling payments after using the credit balance.
Currently, due to the lack of places and infrastructure for cryptoasset Settlement, there are few opportunities to use cryptocurrency as a settlement method. With Slash Card, you can use the digital value of cryptoassets as a form of credit when using international branded cards, in fiat currency terms. By making the value generated from cryptoassets a settlement method, Slash Card creates diversity by enabling various investors and businesses to experience cryptoasset Settlement.
When using the profits from trading and bounty in crypto as actual purchases, it was necessary to exchange them into fiat currency through a Cryptocurrency Trading exchange. Slash Card is a credit card that allows everyday shopping using stablecoin as collateral and utilizing dollar-denominated credit, enabling the smooth integration of the value of crypto assets into the real world. Compliant with Japanese regulations, Slash Card not only meets the needs of cryptocurrency settlement that many crypto users have required, but also realizes the mass adoption of crypto through incentives utilizing tokens.
■ Slash Fintech Limited Overview
Slash Fintech develops and provides the Slash Payment and Slash Card products. Slash Card is a crypto credit card that adopts a scheme compliant with Japanese regulations. It aims to provide an infrastructure for utilizing cryptocurrency coins for everyday shopping, with stablecoin as collateral (planned to be available by 2025).
In August 2024, it announced support for 'Chiitan☆Coin (CTAN)', the official Token of 'Chiitan☆', which boasts over 2 million followers, creating a new crypto ecosystem that integrates IP content and Tokenomics.
The governance token 'Slash Vision Labs Token (SVL)' will be listed on overseas cryptocurrency exchanges in April 2024. We aim to realize a society where smooth value movement through cryptocurrency is possible by promoting the use of cryptocurrency as a settlement method and implementing tokenomics. We also plan to expand our business actively both domestically and internationally.
Enterprise Name: Slash Fintech Limited Location: 4th Floor, Water's Edge Building, Meridian Plaza, Road Town, Tortola, British Virgin Islands VG1110. Representative: Representative Director and President Nobusuke Sato Established: November 23, 2021
Slash Vision Labs:
Slash Vision Portal: Slash Payment: Slash V Preca SHOP: White Paper: 01928374656574839201 X: