Tezos Foundation partners with Baanx to launch non-custodial crypto cards.

ChainCatcher news, according to CoinDesk, Tezos will collaborate with digital asset card provider and Mastercard partner Baanx to launch a new crypto payment debit card.

Transactions involving the non-custodial crypto card branded with Tezos will take place on Etherlink, a Layer 2 blockchain compatible with Ethereum, powered by Tezos Smart Rollups technology for fast and inexpensive payments.

The debit card supported by the Tezos Foundation will be accepted by over 110 million global merchants compatible with Mastercard.