Avalanche Card
Rain (Rain Liquidity) · Visa
Avalanche Card is a non-custodial Visa card linked to a self-custody smart contract on the Avalanche network (C-Chain), issued in partnership with Rain (Rain Liquidity). Assets (USDC, USDT, AVAX, wAVAX) remain owned and self-custodied by the user as collateral: stablecoins provide 1:1 spending power while AVAX/wAVAX provide up to 50% of market value. No issuance or annual fee, a 1% FX markup (up to 2% in the US) and no cashback. Available across many US states, Latin America and the Caribbean. ATM limits and ATM fees are not publicly documented, so atm_fee_pct and atm_limit are set to 0 pending official confirmation.
Data & conditions
| Network | Visa |
|---|---|
| Fund custody | Self-custody (funds in your control) |
| Issuance fee | Free |
| Annual fee | Free |
| ATM withdrawal | Free |
| FX markup | 1% |
| Cashback | — |
| Chains | Avalanche |
| On-chain settlement | Yes |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 5/10 |
| Supported countries | US, LATAM |
| Funding / solidity | Rain Liquidity e una fintech che fornisce infrastruttura di pagamento crypto-to-card; collabora con istituti emittenti licenziati (Third National) e con SSB per i servizi bancari. Detiene certificazioni SOC 2 e PCI. |
| Estimated net annual cost | €0/year |
| Regulator | Visa (issuer Third National, banking via SSB Member FDIC) |
| Segment | B2C |
| Funding / solidity | Rain Liquidity is a fintech providing crypto-to-card payment infrastructure; it partners with licensed issuing institutions (Third National) and SSB for banking services. It holds SOC 2 and PCI certifications. |
| MiCA / License status | Issued by Rain partner issuers licensed in their respective jurisdictions Card issued by Third National under a Visa license; Rain Liquidity is a fintech company (not a bank, exchange or custodian). Banking services provided by SSB (Member FDIC). Available across Latin America, the Caribbean and many US states; not available in Italy/EU. |
Strengths
- Self-custody: assets stay owned and custodied by the user on the Avalanche network
- No issuance, shipping or annual fee
- Visa card with virtual cards and mobile pay support
- Self-custody: funds stay in your wallet — the platform cannot touch them.
Weaknesses
- No cashback or currency reward program
- Limited geographic availability (US with exclusions, Latin America and Caribbean)
- ATM limits and fees not publicly documented
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (Card issued by Third National under a Visa license; Rain Liquidity is a fintech company (not a bank, exchange or custodian). Banking services provided by SSB (Member FDIC). Available across Latin America, the Caribbean and many US states; not available in Italy/EU.): reporting to authorities and freezes on order.
Verdict
Limited protection for European users: the card is not available in Italy/EU and does not operate under an EU license (no EMI/MiCA). Issuance is under a Visa license via Third National, with SSB banking services (Member FDIC, US coverage). No applicable safeguards exist for EU residents.
Strong sovereignty profile: assets (USDC, USDT, AVAX, wAVAX) stay in user self-custody via a smart contract on the Avalanche network, with no deposit held by third parties. However, full KYC and centralized Visa issuance reduce spending anonymity.
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 Avalanche Card custodial?
No. It is a non-custodial card: the assets securing the account are owned and custodied by the user through a self-custody smart contract on the Avalanche network.
Which assets and network does it support?
It supports native USDC, USDT, AVAX and wAVAX on the Avalanche network (C-Chain), used as collateral for spending power on the Visa card.
Sources
- Official service page Custodial · Payment network · FX markup · Card issuance fee · +2 Data verified on Jun 22, 2026
- avax.network Italia disponibile · Regulatory framework Data verified on Jun 23, 2026
- rain.xyz Regulator · Regulatory framework · Azienda info Data verified on Jun 23, 2026
- support.avax.network Issuer · Blockchain · Regioni Data verified on Jun 22, 2026
Show 1 more source
- todey.xyz Kyc · Cashback · Regioni Data verified on Jun 22, 2026