OSL Group has teased a stablecoin spending card for VIP clients, according to a KuCoin report published on October 28 that cites Foresight News.
The company’s social-media graphic showed a debit card with the words “COMING SOON” and the slogan “Spend stablecoins. Rewards unlimited.” According to the report, the card is intended exclusively for OSL VIP clients, and the asset categories available for spending will depend on the user’s qualification.
The cited report did not provide a launch date, fee schedule, supported regions, card network or a detailed list of supported assets. The announcement should therefore be treated as a product preview rather than a full launch. Prospective users will need to wait for OSL’s detailed terms before assessing the card’s availability, costs and rewards.
Source: KuCoin