Answer library
Paying with USDC or USDT on a virtual card
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
Approved USDC or USDT, once confirmed on a supported network, becomes a spending amount equal to its dollar value. The card spends dollars; the stablecoin is the collateral behind them, not the thing handed to a merchant.
Stablecoin in, dollars out
A confirmed USDC or USDT deposit sets the amount you can pay. You never hand a merchant a token — the card presents dollars, and the collateral sits behind the spending amount. You can pay the same dollar amount as that confirmed deposit.
Which assets and networks count
Only approved USDC and USDT are in scope, on Ethereum, Base, BNB Smart Chain, Tron and Solana. Sending a different token, or the same token on an unsupported network, is not credited. The deposit is applied at the required confirmation count, not a block earlier.
What stays separate
Blockchain network fees are paid on the transfer and are separate from the $0 card fee. Collateral value can move with the market for non-stable assets, which is why only stablecoins are accepted here — the dollar amount of a confirmed USDC or USDT deposit is stable by design.
Honest limits
This explains the model; it does not quote a conversion rate or confirm eligibility in any country. Approved account terms govern, and a published figure is not a personalised offer.
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