Jupiter

Solana

<p>In a thrilling development concerning the Solana platform, Sanctum has collaborated with Jupiter Exchange and BasedApp. The partnership focuses on launching the Cloud Card (an innovative SOL-based debit card) to revolutionize <a href="https://blockchainreporter.net/price-prediction/solana-price-prediction/" rel="noopener noreferrer nofollow">$SOL</a> payments. The platform revealed this development on its official social media account on X.</p><h2 id="header-0">Sanctum Unveils Cloud Card in Collaboration with Jupiter Exchange and BasedApp</h2><p>Sanctum mentioned that the Cloud Card intends to reshape the expenditure of stablecoins and $SOL by the consumers. At present more than a hundred countries are supporting the respective project. With this, it aims to develop an innovative, enjoyable, and seamless payment experience to facilitate crypto enthusiasts.</p><p>The Cloud Card is not like the conventional debit cards as it offers Solana’s unique features. The project reportedly leverages the <a href="https://solana.com/" rel="noopener noreferrer nofollow">Solana</a> blockchain’s composability. It integrates with diverse services and <a href="https://blockchainreporter.net/glossary/decentralized-applications-dapps/" rel="noopener noreferrer nofollow">dApps</a>. Hence, it permits a more engaging and richer consumer experience. As Sanctum puts it, the card will let users effortlessly utilize SOL tokens and stablecoins. Simultaneously, it also allows the users to earn rewards apart from several benefits dealing with Solana’s community-focused ecosystem.</p><h2 id="header-1">The Cloud Card Prioritizes Consumer Engagement, Innovative Approach to Transfers, and Gamified Elements</h2><p>Sanctum noted that the Cloud Card will potentially be more than only a payment tool. The project will reportedly offer a delightful experience. The Cloud Card prioritizes consumer engagement, innovative approach to transfers, and gamified elements. As a result of this, the project distinguishes itself from the rest of the debit cards operating within the crypto market.</p><p>A key feature that the Cloud Card offers includes the Creator Coins’ integration. It is a novel concept enabling a deep engagement of creators with Solana’s financial ecosystem. Though the platform has not yet completely unveiled the specifics, this integration is anticipated to strengthen creators by letting them issue tokens or rewards linked straight to the Cloud Card.</p>

Sanctum Joins Forces with Jupiter Exchange to Innovate $SOL Payments

Table of Contents

BlockchainReporter

Other articles published on Sep 23, 2024

Early Bitcoin Developer Jeff Garzik Launches Hemi Network to Integrate BTC and ETH Blockchains

Illuvium Price Falls After Major Sell-off by luggis.eth

XRP Fails to Hold Above Key Level. Does It Matter?

dogwifhat (WIF) Soars 18%: Is a New ATH on the Horizon?

Digital Asset Products See $321M Inflows Amid Fed Rate Cut

Coinpedia Fintech News

Join our free newsletter for daily crypto updates!