KOSH Card
KOSH Money (Piers Technology Inc) · Visa
KOSH Card is the Visa card of the KOSH Money app (issuing company: Piers Technology Inc), a stablecoin-powered USD account built for freelancers, remote workers and global professionals. You deposit USDC or USDT on EVM networks and Solana, hold a USD balance, and spend anywhere Visa is accepted, online, in-store and internationally. Contrary to the "non-custodial" label shown by some third-party sources, the official site states that funds are held with regulated custodians and banking partners, with full audit trails and transaction monitoring: for this reason we treat it as a custodial crypto neobank rather than a self-custody card. Virtual cards are available. The card is collateralized by the KOSH balance. The number of countries (USA, EU, LATAM and beyond) and the issuer's licensing jurisdiction are not reliably documented publicly; the licensing-country value is therefore an approximation (Inc.) and should be verified. Cashback is set to 0 because no structured rate is confirmed by an official source.
Data & conditions
§ Amounts in USD/GBP are shown in the service's native currency.
| Account fee | Free |
|---|---|
| Multi-currency | USD, EUR, GBP, AED |
| Network | Visa |
| ATM withdrawal | Free |
| Free ATM limit | 250 USD per withdrawal |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | US, EEA, LATAM, MENA, APAC · 90+ countries |
| Segment | B2C, B2B |
| MiCA / License status | Opera tramite partner bancari e custodi regolamentati di terze parti (non divulgati); KOSH si dichiara fintech, non una banca |
Strengths
- Stablecoin-powered USD account with a globally accepted Visa card, online, in-store and abroad.
- Supports USDC/USDT deposits on EVM networks and Solana, with virtual cards and multi-currency account details (USD/EUR/GBP/AED).
- Low issuance fee (10 USD) and a stated 1.5% FX markup.
- No notable sovereignty advantage documented.
Weaknesses
- Custodial: funds are held by third-party custodians/banking partners, not self-custodied, despite the "non-custodial" label used by some sites.
- Full KYC required and every transaction is monitored.
- Limited transparency: licensing jurisdiction, regulated partners and country count are not reliably documented publicly; low ATM limit (250 USD).
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
Verdict
Custodial service: funds are held with third-party regulated custodians and banking partners, not self-custodied, with full KYC and monitoring of every transaction. The issuer's licensing jurisdiction (Piers Technology Inc, a fintech and not a bank) is not reliably documented publicly, reducing verifiable protection for the user.
Very low sovereignty: no self-custody, mandatory KYC and full transaction tracking. The user delegates control of funds to custodians and banking partners, at odds with cypherpunk principles of self-custody and privacy.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Is the KOSH Card custodial or self-custody?
According to the official KOSH Money site, funds are held with regulated custodians and banking partners, with audit trails and transaction monitoring: it is therefore a custodial service. Some third-party sources label it "non-custodial", but that description conflicts with the issuer's own statements.
Which network does the KOSH Card use and which stablecoins are supported?
It is a Visa card accepted online, in-store and abroad. The balance is stablecoin-funded: you deposit USDC or USDT on EVM networks and on Solana, holding a USD balance the card draws from.
Sources
- Official service page Custodial · Kyc · Payment network · Azienda · +4 Data verified on Jun 23, 2026
- kast.xyz Contesto-stablecoin-card Data verified on Jun 22, 2026
- todey.xyz Payment network · Fee emissione · Fx markup · ATM limits · +2 Data verified on Jun 22, 2026