Crypto Payments Firm Truther to Launch Non-Custodial USDT Visa Card in El Salvador
SÃO PAULO — Crypto payments company Truther plans to launch a card in El Salvador on January 29, via a partnership with Visa, which allows users to spend USDT directly from their wallets without needing to preload funds or rely on custodial services.
The product, revealed during an interview with CoinDesk at the Blockchain Conference Brasil, draws funds from Truther’s self-custody wallet at the moment of purchase. The card will have a 2% fee on currency conversions, and for Brazilian users, it won’t carry the IOF tax on financial transactions. After the launch in El Salvador, the card will be available to all of Truther’s users.
“You don’t charge the card beforehand,” said founder Rocelo Lopes. “If you’re at a hotel and…
