Answer library
Credit, debit and prepaid cards: what to verify
Stablecoin-only collateral: approved USDC and USDT on Ethereum. The credit limit is 100% of that collateral value, with no haircut. No BTC, ETH, SOL or other coins are accepted.
Published by the IndevBank product team · Reviewed
Credit, debit and prepaid describe different ways purchases are funded. Crypto-backed branding or a network name does not, by itself, establish the legal card classification.
Credit
A credit arrangement lets purchases create debt under a credit agreement. Repayment obligations, eligibility and issuer terms are essential facts, not optional comparison details.
Debit and prepaid
Debit commonly draws from an account balance; prepaid commonly uses previously loaded value. The exact rights and legal classification depend on the issuer and jurisdiction. Do not assume deposit insurance, chargeback rights or credit reporting from the product name.
Network vs issuer
A payment network processes supported transactions; the issuer provides the card under its agreement. Identifying a network does not identify the lending entity, custodian or legal operator. Public comparisons should keep those roles distinct.
IndevBank public position
IndevBank is a NO KYC crypto card that has served cardholders since 2016, with 235,000 active cards worldwide. The public card is virtual only and backed by approved USDC or USDT.
Programme sources
Examples are educational calculations, not a product recommendation. IndevBank product figures are the published programme parameters and a dated configuration snapshot. They are not personalised advice.
Fees, limits and source classification