CoinsOnCards

    Fuse CardReview

    Non-custodial Visa debit card for spending USDC on Solana via Apple Pay.

    3.0· Updated: Referral Program launched July 2025: $5 + $5 referral reward
    Visit issuer
    Cashback
    Up to 0.00%
    Custody
    self_custodial
    KYC
    full
    Networks
    —
    Monthly fee
    Free
    Available in
    —

    The verdict

    Best for: Self-custody users spending USDC on Solana with zero card fees.

    Skip if: You need a physical card, Android support, or cashback rewards.

    • Spend USDC on Solana with 0% foreign transaction fees via Apple Pay.
    • True self-custody via a 2-of-3 multisig smart contract wallet.
    • Deposit $100+ in Fuse Earn for unlimited gasless Solana transactions.
    Get the Fuse Card

    How it works

    • ### Features
    • - **Virtual Card**: Instant in-app issuance with Apple Pay support.
    • - **Direct Spending**: Spend USDC on the Solana blockchain directly.
    • - **Self-Custodial Wallet**: Funds are controlled by the user in a multi-key smart contract wallet.
    • - **Ecosystem Integration**: Integrated with Fuse Earn for yield (powered by Drift and Kamino) and Jupiter for swaps.
    • - **Bank Connectivity**: Virtual US bank accounts for receiving ACH transfers and EUR IBAN for SEPA transfers.
    • - **Security**: In-app card freeze, customizable spending limits, and a 5-minute security timelock on withdrawals.

    Funding: Direct spending from self-custodial Fuse Wallet Card Account · In-app transfer from Main Account to Card Account

    Fees

    BankingSEPA: true · IBAN: true · Direct deposit: true · Virtual accounts: true · Virtual US bank accounts for receiving ACH transfers (converts to USDC). EUR IBAN available for SEPA transfers.

    Custody & risk

    • If the issuer disappears
      Funds held in the self-custodial wallet are not FDIC insured.
    • Regulatory risk
      As regulations around stablecoins evolve, Fuse's operations could be affected
    • Market risk
      No FDIC insurance on card account funds unlike traditional bank deposits
    • Counterparty risk
      Yield from Fuse Earn comes from DeFi protocols (Drift and Kamino) rather than bank lending, introducing smart contract risk

    Fuse provides a true self-custody solution using a multi-key (2-out-of-3) smart contract wallet on Solana, developed by Squads Labs. Users retain full control of their private keys and funds until the moment of purchase. The platform cannot access user funds beyond authorized transaction limits.

    Protections

    • Multi-key security with 2-out-of-3 key setup by Squads Protocol
    • No single seed phrase vulnerability
    • Card freeze/unfreeze capability in-app
    • 5-minute security time-lock on withdrawals from Card Account back to Main Account
    • Daily spending limit controls enforced by smart contract (up to $2,000, customizable)
    • Device keys stored on user's device
    • Recovery keys for backup
    • Optional email 2FA key

    Insurance & coverage: Card account funds are NOT FDIC insured

    Custody partners: Squads Protocol

    Limits

    notes
    Monthly off-ramp: $1,000 (Free plan), $25,000 (Plus plan). Only USDC held in Card Account can be spent. 5-minute security timelock on withdrawals from Card Account back to Main Account.
    atm daily
    Not supported
    atm monthly
    Not supported
    daily spending
    Up to $2,000 (user can set lower limit for security; may be increased after demonstrating usage)
    per transaction
    $2,000

    The good

    • Self-custodial design via a multi-key smart contract.
    • Zero fees for card spending, including 0% FX fees.
    • Earn yield on USDC via integrated Drift and Kamino protocols.
    • Available in 19 countries including the US, Brazil, and Nigeria.
    • Free Solana transactions for Fuse Plus members ($100 deposit).

    The catches

    • Virtual card only; no physical card option available.
    • iOS only; no support for Android or Google Pay.
    • Supports only USDC on the Solana blockchain.
    • $1.00 bank fee per off-ramp transaction.

    Limitations

    • majoriOS app only (Android support planned but no specific timeline)
    • majorLimited geographic availability (US excluding NY and AK; plus 17 countries in Latin America and Africa)
    • moderateVirtual card only (no physical option currently available)
    • moderateNo cashback or rewards program
    • moderateSupports only USDC on Solana blockchain (no other cryptocurrencies)
    • moderateNo ATM access
    • moderateCard account funds are NOT FDIC insured
    • minor$1.00 bank fee per off-ramp transaction

    What users say

    App Store
    4.7/5.0 (25 ratings)

    Positive: Clean interface, seamless integration, fee-free structure. Negative: Limited to iOS, no Android support, no physical card option.

    Rating breakdown

    Net reward
    2.5
    Custody risk
    5.0
    Availability
    1.0
    User experience
    4.7
    Features & convenience
    3.0

    See our methodology for how we score each axis.