CoinsOnCards

    Issued by Celtic Bank via Stripe Issuing program — Operates under FinCEN's 2011 Prepaid Access Rule exemptions

    Laso CardReview

    No-KYC virtual prepaid Visa-network card for spending stablecoins like USDC and USDT.

    2.0· Updated: Now supports Stellar alongside other networks
    Visit issuer
    Cashback
    Up to 0.00%
    Custody
    custodial
    KYC
    none
    Networks
    —
    Monthly fee
    Free
    Available in
    —

    The verdict

    Best for: Privacy-conscious users spending stablecoins under the $1,000 card limit.

    Skip if: You need high spending limits or want to avoid high deposit fees.

    • Get a no-KYC virtual card instantly for spending USDC, USDT, DAI.
    • Pay up to 6.8% in deposit fees for reloadable U.S. cards.
    • Spend globally with Apple Pay and Google Pay, but no physical card.
    Get the Laso Card

    How it works

    • * **No KYC required**: Connect wallet and deposit stablecoins without identity verification.
    • * **Instant virtual card issuance**: With mobile wallet integration (Apple Pay, Google Pay).
    • * **Multi-chain stablecoin support**: Supports USDT, USDC, DAI across Ethereum, Arbitrum, Polygon, Optimism, Base, Solana, and Stellar.
    • * **Multiple card options**: For U.S., Canadian, and international users.
    • * **Spending Limit**: $1,000 per card spending limit (regulatory compliance measure).
    • * **Multiple Cards**: Ability to create multiple cards for different purposes.

    Funding: Crypto wallet deposit (e.g., MetaMask) · USDT · USDC · DAI

    Custody & risk

    • If the issuer disappears
      If provider disappears, user loses access to card funds. No FDIC insurance for user balances (due to anonymity).
    • Regulatory risk
      Operates in a regulatory gray area by exploiting specific exemptions in FinCEN's Prepaid Access Rule
    • Regulatory risk
      Regulatory changes could affect the service, potentially requiring KYC implementation or further restrictions
    • Counterparty risk
      No FDIC insurance for user balances due to anonymity

    Platform controls private keys after deposit; user sends stablecoins from their wallet. Crypto is converted to fiat and loaded onto the card; custody transfers at deposit.

    Protections

    • Web3 wallet authentication (cryptographic signing)
    • HTTPS and secure connections
    • Advanced transaction monitoring
    • On-chain analysis of deposit sources
    • Device fingerprinting
    • Spending behavior monitoring
    • Blocking of certain merchant category codes (MCCs)
    • Prevention of transfers of value (ATM withdrawals, financial services payments)

    Insurance & coverage: No FDIC insurance for user balances (due to anonymity)

    Limits

    notes
    Maximum card value $1,000 per card. Up to six cards allowed ($6,000 total daily limit). No single person can purchase more than $10,000 in one day.
    atm daily
    N/A (ATM access blocked)
    atm monthly
    N/A (ATM access blocked)
    daily spending
    $1,000 per card
    monthly spending
    $4,000 (International Reloadable cards only)

    The good

    • No identity verification (no-KYC) required.
    • Instant virtual card issuance.
    • No monthly fees or purchase transaction fees.
    • Apple Pay and Google Pay integration.
    • Supports stablecoins on Ethereum, Solana, Stellar.

    The catches

    • High deposit fees up to 6.8%.
    • Low spending limit of $1,000 per card.
    • Transaction failures due to no 3D Secure.
    • 0% cashback rewards to offset fees.

    Limitations

    • majorHigh deposit fees (up to 6.8% on U.S. reloadable cards)
    • major$1,000 maximum value per card
    • majorATM withdrawals and person-to-person transfers blocked
    • moderateVirtual cards only (no physical cards currently available)
    • moderateTransaction failures in some European countries due to 3D Secure requirements
    • moderateNo rewards program to offset fees
    • moderateLack of 3D Secure (3DS) authentication support
    • moderateUsers in Portugal and Italy have reported very low transaction success rates
    • minorNo API for programmatic card issuance or management

    Where rewards don't apply

    • ATM withdrawals — Blocked - regulatory compliance
    • Financial services payments — Restricted
    • Cryptocurrency purchases — Likely blocked
    • Gambling transactions — Likely restricted
    • Money orders and wire transfers — Prohibited

    What users say

    Trustpilot
    3.2/5.0 (1 ratings)

    Mixed - positive feedback on privacy, ease of use, instant issuance, mobile wallet integration; negative feedback on high fees, low spending limits, lack of physical cards, transaction failures in some regions

    Rating breakdown

    Net reward
    2.5
    Custody risk
    2.0
    Availability
    1.0
    Features & convenience
    3.0

    See our methodology for how we score each axis.