Stripe and Visa back Fold’s bitcoin rewards credit card

Fold Holdings announced that it will launch a bitcoin rewards credit card in partnership with Stripe and Visa.

The Fold Bitcoin Credit Card will issue rewards exclusively in bitcoin, offering up to 3.5% back on purchases, including an unlimited 2% base rate and additional bonuses through Fold’s checking account and merchant partnerships. The card will be powered by Stripe Issuing and run on Visa’s global network, combining bitcoin rewards with established financial infrastructure.

Fold, which has distributed more than $83 million in bitcoin rewards to date, has processed over $3.1 billion in transaction volume across its debit card, exchange, and gift card products.

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