Solayer Pay Enables Direct Stablecoin Deposits Across Five Major Networks

On Thursday evening, Solayer Pay announced that its card application has been updated to accept direct stablecoin deposits originating from five distinct blockchain networks: Solana, Ethereum, Arbitrum, BNB Chain, and Base. This specific update is designed to allow users to fund their card balances directly, effectively removing the need for them to complete an additional bridging step between different chains.

Removing the Bridging Step

The core of this update is an attempt to address a common and persistent friction point found within crypto payments. Because a dollar-backed token issued on one specific blockchain is not technically interchangeable with the same token residing on another network, users often face hurdles. For example, a user who holds USDT on the BNB Chain previously found that they could not directly deposit those specific funds into an application that only accepted assets based on Solana.

Traditionally, the act of moving such funds required the user to either bridge the assets or exchange them via a secondary market. This traditional process introduces several extra steps, creates additional network fees, and carries the inherent risk of the user utilizing the wrong wallet address. Solayer Pay states that the new deposit flow allows users to select the specific network where their supported tokens currently reside, after which the funds are credited to a common Solayer Pay balance within the app.

The company supports deposits using eligible dollar-pegged tokens, and it specifically cites USDC and USDT across the five listed chains. Once the balance has been credited, users are able to spend it using either virtual or physical cards where those options are available. Furthermore, the application supports compatible mobile wallets and peer-to-peer payments, which expands the overall utility of the system beyond simple card swipes.

Product Evolution and User Base

Solayer Pay was originally introduced to the broader market in April 2025, at which time it operated under the name Emerald Card. The product has evolved significantly since that initial launch, and a physical card was added to the offering after the digital version had already become available. The company reports that more than 45,000 cardholders are currently using the product.

These figures represent distribution metrics reported by the company rather than payment volumes that have been independently audited. The card program is linked directly to the Visa network, a move that provides the platform with global acceptance infrastructure. However, the actual availability of the card and the ability to deposit specific stablecoins remain subject to identity-verification requirements and geographic eligibility.

The integration of multiple networks reflects a broader, strategic effort to simplify the user experience for those who hold digital assets. By accepting deposits from major Layer 1 and Layer 2 networks, the platform reduces the requirement for users to understand complex blockchain routing before they can make ordinary purchases. The underlying payment ultimately settles through existing card networks, which maintains compatibility with current merchant infrastructure.

This shift also alters the fundamental relationship between the user and their assets. Once funds are deposited into the app balance, they are held by the provider rather than the user. Users must therefore understand how withdrawals work and what specific rules apply if an account is restricted or if a supported chain experiences network congestion. This custody model differs fundamentally from self-custody, where the user retains total control of the private keys.

Adoption and Future Implications

The launch addresses a specific weakness in current crypto payment systems, namely the level of technical knowledge required to move assets between different networks. Removing this complexity could prove commercially useful by making the product more accessible to users who are not deeply familiar with the mechanics of the blockchain.

However, the number of supported networks is a different metric from actual usage patterns. The next question for the industry is whether these stablecoin deposits translate into meaningful and recurring card use. That represents a harder measure of adoption than the mere availability of multiple deposit channels or the integration of various wallets.

The announcement does not provide specific data regarding transaction volumes or a detailed breakdown of deposits across the five networks. Additionally, the company has not commented on future plans to add additional tokens or chains to the supported list. The focus remains on the current functionality, which allows for a more direct path from the wallet to the card balance.