https://polkadot.subsquare.io/referenda/1608
The Polkadot Community Foundation has proposed a plan to launch a "Polkadot" branded payment card for the Polkadot ecosystem. This non-custodial payment card will be issued globally and work anywhere Visa is accepted. It will be compatible with Apple Pay and Google Pay, and users will only pay a small transaction fee (under 1%). The card will be powered by smart contracts and allow users to hold and pay with USDC. The Polkadot Community Foundation has chosen Baanx as the card provider and issuer, and the card program will be managed by CL, a brand of Baanx. The card will be a debit card using the Visa network and will carry no other branding. There will be no cost to the Polkadot Treasury for the origination and setup of this card program. The card program aims to provide an alternative to traditional banking and increase the usability of the Polkadot ecosystem for payments and DeFi.