todayonchain.com

Wirex and Collective Memory End Creator Payment Delay: Earn and Spend in Real Time

BeInCrypto
Wirex is powering Collective Memory's new card, enabling creators to instantly spend earnings from staked content globally.

Summary

Wirex, a crypto card issuer and BaaS provider, is enabling the launch of the Collective Memory Card, which allows creators on the decentralized social platform to instantly earn and spend rewards. Creators earn ATTN tokens when others stake on their content and can convert these rewards into spendable funds immediately, eliminating the days or weeks delay common on traditional platforms. This integration utilizes Wirex's BaaS stack, providing non-custodial card issuance, real-time token-to-fiat conversion without prefunding, and virtual IBAN accounts. Collective Memory is building a decentralized social platform where content becomes stakeable assets, ensuring value flows directly to creators. The partnership marks the first social platform where content creation translates directly into real-world purchasing power via the card, which will be accepted at over 80 million merchants globally. The card is slated for availability in the EU and UK starting March 2026.

(Source:BeInCrypto)