what's Moto Card?
Moto Card is the first true onchain credit card powered by Solana, targeting high-net-worth individuals. Users deposit stablecoins to unlock a secured credit card that generates yield on balances while enabling everyday spending with features like cashback and buy-now-pay-later (BNPL) options. The product leverages crypto rails for efficient banking-like services, including IBAN transfers. Deposits earn interest to offset spending, with unit economics scaling based on assets under management, resembling traditional banks but with onchain transparency and stablecoin backing.
Moto Card enables USDC spending via staked ETH collateral, avoiding sales, and yields 4-5%.
Links
x.com/usemotocardProvides yield of 4-5% on USDC spending balance through vault integration.
Enables spending via USDC borrowing using staked ETH as collateral without requiring asset sale.
Raised $1.8M for a Solana-powered credit card, offering 3% WETH cashback on spending.
Completed a pre-seed funding round co-led by cyberFund
Launched on December 16, 2025.