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COCA and Wirex Unveil World’s First MPC Wallet with Non-Custodial Debit Card
COCA, in partnership with Wirex, a leading Web3 money app, has unveiled the world’s first Multi-Party Computation (MPC) wallet accompanied by a non-custodial debit card.
This innovative product marks a significant step forward, combining the security of MPC technology with the practicality of everyday financial tools.
The launch of the COCA non-custodial debit card, powered by Wirex’s card infrastructure, represents a transformative moment in the way security and convenience are perceived in digital finance.
Aimed at simplifying the transition between cryptocurrency and traditional spending, it’s a product poised to redefine user experience in the fintech sector.
This collaboration between COCA and Wirex brings forth several exciting features and benefits:
- Global Crypto Spending Made Easy: Users can now spend cryptocurrency effortlessly at over 40 million merchants worldwide. COCA enables direct crypto transactions without the need for preloading.
- Dual Card Options: Catering to diverse needs, COCA offers both virtual and physical card formats, ensuring a seamless fit into various lifestyles.
- Zero Fee Policy: COCA guarantees a fee-free experience, eliminating monthly and foreign exchange charges and enhancing financial freedom.
- Fee-free ATM Withdrawals: Users can withdraw up to $200 globally without incurring any fees, easing international transactions.
- Integrated IBAN (Coming Soon): The upcoming feature will enable users to easily conduct Euro transactions and access banking services, further bridging the gap between digital and traditional banking.
Pavel Matveev, CEO and Co-founder of Wirex, expressed his enthusiasm: “Wirex has always been committed to pioneering on-chain interactions. Collaborating with COCA to introduce this advanced non-custodial card technology is a stride towards our vision. This partnership is a big step in changing how we think about finance, blending the best of digital and traditional approaches.”
The partnership is a significant development in the fintech landscape, bringing together advanced security and practical features to create a user experience that is both secure and seamlessly functional.
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