Crypto card provider BIX is planning a significant U.S. expansion, aiming to increase its payment product availability from 29 supported states to 49.
The company targets this expansion within six to eight months, though the timeline depends on regulatory approvals and support from financial institutions backing the card program.
How the Card Works
BIX combines a self-custody crypto wallet with a Visa card. Eligible users can hold supported USDC or USDT balances while using the card for ordinary purchases. Merchants receive fiat through the conventional Visa payment system.
Supported stablecoin and network combinations include infrastructure across Ethereum, BNB Smart Chain, Base, Solana, and Optimism.
Geographic Expansion as Regulatory Challenge
BIX's current limitation to 29 states reflects regulatory and compliance requirements rather than technological constraints. U.S. crypto-linked card programs rely on regulated banking, issuing, and payments partners whose permissions and requirements vary across jurisdictions, making geographic expansion partly a compliance exercise.
BIX currently offers a free standard membership with virtual cards available to eligible users. The company is also developing additional products, including physical cards and account functionality intended to connect stablecoin balances with conventional systems such as ACH, SEPA, and SWIFT, though these remain future offerings rather than features currently available to all users.
