Solayer, a blockchain network built on the Solana Virtual Machine (SVM), has officially introduced the Emerald Card — a crypto debit card designed to facilitate seamless on-chain spending. Announced on Tuesday, the launch aims to eliminate the need for converting crypto to fiat, offering users a fully decentralized payment solution while retaining self-custody of their assets.
The Emerald Card leverages Solayer’s InfiniSVM infrastructure, which enables high-speed, scalable blockchain transactions. By eliminating centralized intermediaries, the card offers direct crypto payment capabilities in over 100 countries, with support for Apple Pay and Android Pay’s tap-and-pay functionality.
1/ Solayer presents
Emerald Debit Card 🟩💠
global, on-chain, available now for 40,000+ users, across 100 countries, including the US.
claim or pre-order today: https://t.co/s2ygJjRO7z pic.twitter.com/A9c8iAcNes
— Solayer (@solayer_labs) April 15, 2025
Emerald Rewards Program Offers Airdrops and Staking Incentives
Alongside the card launch, Solayer revealed an upcoming Emerald Rewards program. This initiative introduces a crypto-native alternative to traditional cashback systems, enabling users to earn staking rewards, airdrops, and early access to pre-token generation events, all based on their spending volume.
Currently, the Emerald Card is compatible only with wallets operating on SVM, though Solayer noted that support for other blockchain ecosystems like Ethereum Virtual Machine (EVM) is planned for later this year.
“Funds must be transferred from SVM-compatible wallets for now,” the team said in their official announcement.
Backed by Binance Labs and Engineered for Scale
Launched in 2024, Solayer boasts support for over 1 million transactions per second, thanks to its innovative architecture that distributes processes across microservices and high-performance hardware clusters. Its network bandwidth exceeds 100 Gbps, enabling rapid throughput for enterprise and retail applications.
Solayer’s ecosystem includes sUSD, a stablecoin backed by real-world assets like U.S. Treasury securities, and sSOL, a liquid staking token native to its platform.
Earlier this year, the project introduced its LAYER governance token, aimed at accelerating ecosystem expansion and protocol development. In 2023, Solayer Labs also secured $12 million in seed funding, led by Polychain Capital, signaling strong investor confidence in its long-term vision.