Xverse Card
Xverse (Secret Key Labs) · Mastercard
The Xverse Card is the spending card announced by Xverse (the Bitcoin/Stacks/Ordinals wallet by Secret Key Labs). It is NOT live yet: as of 22 June 2026 it is in waitlist/early access. The stated mechanism is that the card connects to your stablecoin balance or auto-borrows against your BTC when you swipe, giving purchasing power without selling a sat. Xverse keeps its self-custody model (says it cannot freeze accounts or access funds). Mastercard network, Mobile Pay. Issuance/annual fees, cashback, FX markup, ATM limits and regional availability are NOT yet published: the 0 values here reflect the absence of sources, not confirmed free pricing.
Data & conditions
| Network | Mastercard |
|---|---|
| Fund custody | Self-custody (funds in your control) |
| Issuance fee | Free |
| Annual fee | Free |
| ATM withdrawal | Free |
| FX markup | 0% |
| Cashback | — |
| Chains | Bitcoin, Stacks |
| On-chain settlement | No |
| Contactless | Yes |
| KYC | Full |
| Privacy | 5/10 |
| Supported countries | US, EEA, UK, APAC, LATAM, MENA, AFRICA |
| Funding / solidity | Xverse Card è sviluppata da Secret Key Labs Limited, società privata con sede a Hong Kong (fondata nel 2021) dietro il wallet self-custody Xverse per Bitcoin, Stacks e Ordinals. La carta è la sua prima carta di spesa annunciata, ancora in waitlist/early access. |
| Estimated net annual cost | €0/year |
| Segment | B2C |
| Funding / solidity | Xverse Card is built by Secret Key Labs Limited, a private company headquartered in Hong Kong (founded 2021) behind the Xverse self-custody wallet for Bitcoin, Stacks and Ordinals. The card is its first announced spending product, still in waitlist/early access. |
Strengths
- Stated self-custody model: company says it cannot freeze or access funds
- Lets you spend without selling BTC (auto-borrow against your sats or stablecoin balance)
- Mastercard network with Mobile Pay; integrated into the Xverse ecosystem (open-source, audited wallet)
- Self-custody: funds stay in your wallet — the platform cannot touch them.
Weaknesses
- Not yet available: waitlist/early access only as of 22 June 2026
- Fees, cashback, FX markup and ATM limits unpublished (TBA): real costs cannot be assessed
- Card bank issuer and licenses undisclosed; auto-borrowing against BTC carries liquidation risk
- Full KYC required: verified identity, zero pseudonymity.
Verdict
Card not live yet (waitlist as of 23 June 2026): bank issuer, licenses, fees and limits are unpublished, so it cannot be assessed on consumer protection. Full KYC required.
Xverse keeps a self-custody model and states it cannot freeze accounts or access funds, in line with its cypherpunk ethos; however full KYC and an undisclosed bank issuer cap real sovereignty, and auto-borrowing against BTC introduces liquidation risk.
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 Xverse Card available yet?
No: as of 22 June 2026 it is in waitlist/early access at xverse.app/card/waitlist; access rolls out to waitlist members first.
How do I spend without selling my Bitcoin?
Per Xverse, the card connects to your stablecoin balance or auto-borrows against your BTC at payment, keeping the self-custody model.
Sources
- Official service page Url · Payment network · Custodial · Stato · +7 Data verified on Jun 23, 2026
- crunchbase.com Azienda · Sede · Anno Data verified on Jun 22, 2026
- todey.xyz Payment network · Blockchain · Stato · Fee-TBA Data verified on Jun 22, 2026