Floki Launches Physical Debit Card Across Europe

Floki (FLOKI), the memecoin project, launched its official debit card in over 31 European countries on Monday, marking the second phase of its roadmap. This follows the debut of virtual prepaid debit cards last year.

New Card Features Unveiled

According to the official announcement, Floki’s new debit card will enable users to spend cryptocurrencies at millions of merchants worldwide accepting VISA or Mastercard. Both physical and virtual card options will be available, with zero transaction and exchange rate fees.

Currently, the cards are accessible in 31 European countries, including Germany, France, Italy, and the Netherlands. 

While the company plans a gradual rollout to more countries, virtual cards are already available to customers globally. However, users from OFAC-sanctioned countries or regions restricted by the issuing banks or Mastercard will be excluded.

The debit card will support more than eight blockchain networks, allowing users to fund it with FLOKI tokens, as well as major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL) , BNB (BNB), and stablecoins such as Tether (USDT) and USD Coin (USDC). 

A physical card will incur a one-time fee of 32 EUR ($33), while a virtual card costs slightly over 10 EUR ($10). A 2% fee will apply when transferring crypto to the card’s spending account.

Second Phase of Floki’s Roadmap

The launch of the debit card is part of Floki’s broader roadmap, which was updated last year to expand the project beyond memecoins. The roadmap includes the introduction of staking services, debit cards, and integration with global payment systems like SWIFT and IBAN for international transfers.

In the second phase, Floki plans to introduce bank accounts powered by the project and deploy training bots that will integrate with social media platforms like Discord and Telegram. These bots will also facilitate cross-chain asset trading, with half of the fees generated supporting the burning and purchase of Floki tokens.

Floki is also pushing for governance approval to list its native token on the Venus core pool to enhance liquidity. Additionally, the project is preparing to launch the University of Floki, an educational platform offering short blockchain courses.

On the Flipside:

• While the launch of the debit card marks a significant step for Floki toward bridging Web3 with TradFi, it still raises questions about the project’s interoperability, including chain fees and token swapping.

Why This Matters
The introduction of Floki’s debit card and its broader roadmap reflects the growing intersection of cryptocurrency and traditional finance. By integrating with global payment networks like VISA and Mastercard, Floki is positioning itself to make digital assets more accessible for everyday transactions. 

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