Algorand Foundation and Pera Wallet Expand Crypto Spending with Pera Card

The Algorand Foundation has partnered with Pera Wallet to enhance the utility of the Pera Card, a crypto-enabled debit card linked to the non-custodial Pera Wallet. The collaboration aims to simplify global cryptocurrency spending by eliminating the need for traditional fiat conversion. The card operates on the MasterCard network, ensuring broad acceptance.

Pera Card's availability has expanded to eight new countries, including the UK, Italy, Germany, Spain, New Zealand, the Netherlands, Poland, and Portugal. Further expansions are anticipated. The Algorand Foundation announced the update via its official X account, signaling a push for mainstream crypto adoption.

The initiative underscores Algorand's commitment to real-world blockchain utility. By bridging the gap between crypto holdings and everyday transactions, the partnership could accelerate merchant adoption of digital assets.