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Fintech experts are saying: 2026 could be the year of onchain finance, a step change in how we bank, spend, and invest. Picture this: you’re buying your morning coffee with a card that looks like any other but runs on blockchain technology. Unlike neobanks like Revolut, this card taps into your crypto holdings, stablecoins, Bitcoin, Ethereum for seamless transactions. It’s a subtle shift with massive impact: borrow dollars against your crypto, earn rewards, and use contactless payments or ATMs, all while controlling your assets.
Stablecoins are driving this new era of global payments, and platforms like Moonwell.Finance show how onchain ecosystems let you “become your own bank.” From lending and borrowing to unlocking your crypto’s potential, onchain finance blends DeFi’s power with everyday convenience. Curious on how to access the opportunity? Let’s dive into Moonwell’s story and explore how you can get exposure.
The Moonwell Card and Protocol: DeFi Meets Daily Life
Moonwell is a decentralized protocol built on the Base chain, with extensions to Moonbeam and Moonriver. It enables lending and borrowing of digital assets like stablecoins (e.g., USDC) through smart contracts, with over $251 million in total value locked (TVL) and growing active loans. Its standout feature? A Visa debit card that lets you spend onchain balances at millions of merchants worldwide, no fiat conversion needed.
The card links directly to your crypto wallet, converting stablecoins or assets like ETH into spendable funds. This cuts out middlemen, using blockchain for transparent, efficient transactions. For example, deposit USDC (stablecoin) to earn yields or borrow against collateral like ETH or tokenized assets (e.g., cbBTC).
Key Features
Lending and Borrowing: Supply assets to pools for 3–5% annual yields on stablecoins like USDC (rates vary with demand). Borrow against your crypto, like a line of credit but decentralized, governed by Moonwell’s WELL token holders.
Passive Income: Auto-compounding tools let your stablecoin holdings grow, tapping into DeFi’s yield-generating potential.
Real-World Use: The card supports contactless payments via Apple/Google Pay, ATM withdrawals, and global merchant acceptance. Bridge assets like USDC from the blockchain for seamless spending.
Rewards: Earn cashback in stablecoins or protocol tokens (details evolving, per community updates).
U.S. Bonus: A virtual checking account lets freelancers or crypto-native users receive USDC payments.
Stablecoins: The Backbone of Onchain Finance
Stablecoins cryptocurrencies pegged to stable assets like the USD are the engine of this shift. Experts predict their market could hit $500–750 billion in the coming years, with 48% of surveyed institutions already using them for payments. In regions like APAC, onchain crypto activity has surged 69% year-over-year, showing global momentum.
Chart from DeFiLama: (15/09/2025)
Moonwell capitalises on this, prioritising stablecoins in its lending pools. Deposit USDC to earn yields or borrow it against ETH or tokenized assets like cbBTC. This enables fast, borderless transactions, potentially bypassing traditional banking rails. Banks are jumping in too, exploring stablecoin issuance to integrate with DeFi, which could drive mass adoption.
Onchain as the Future of Finance
Onchain finance is emerging as a standard, offering transparency, programmability, and user control over centralised banking. Stablecoins provide the stability needed for everyday use, making DeFi practical for spending, saving, and investing. Moonwell’s card shows how: earn yields on holdings that traditional accounts can’t match, all while swiping at your local store.
Challenges remain: setting up a wallet can be tricky for newcomers, and network fees spike during high demand. But with $23 million in funding and Moonwell’s push into AI and stablecoin innovations, the ecosystem is evolving fast. Regulatory clarity expected in 2025 could supercharge adoption.
Get Started with Onchain Finance
The Moonwell Card is a glimpse into the future of banking decentralized, yield-driven, and seamlessly integrated into daily life. Ready to explore? Visit moonwell.fi to apply for the card or join a lending pool. Start small: deposit $100 in USDC, earn yields, or try borrowing against your crypto. As onchain finance grows, early adopters could shape the next wave of banking. Be Curious try it out?
Matt Dyer
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