Ready Shuts Crypto Card After Issuer Stops
Self custodial wallet Ready had to close its card program instantly when its issuer shut down without warning.
coinbeat.newsReady, known previously as Argent, abruptly shut down its crypto card program on Wednesday. Co founder Itamar Lesuisse shared the news in a social media post after their card issuer wound down operations without giving any prior notice.
Users who depended on the card for daily transactions found out about the cancellation at the same time as the team. This sudden halt highlights the reliance that self custodial wallets often place on traditional financial partners and third party issuers.
Traders and users should watch for updates from the Ready team regarding alternative card partners or fund safety. As the crypto card sector grows, this event serves as a reminder of how quickly partner relationships can change in the payments space.
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