The encryption industry is undergoing a peculiar 'materialization' movement: issuing cards "(author Chain Catcher) Currently, there are 37 projects focused on the encryption card business, many of which have received heavy attention from top institutions. Encryption cards are essentially a type of prepaid card product. When users recharge stablecoins such as USDT and USDC into this card, they do not "monetize" these assets into card balance, but rather are allocated a corresponding credit limit by the issuer in a bank account opened within traditional card organization systems such as Visa/Mastercard. In this mode, the profit sources of the card issuing platform are relatively clear, on the one hand, it is the card face fees and exchange fees, and on the other hand, it is the operational income brought by the platform's accumulated funds. In the context of high OTC trading risks, U-cards provide a more direct and stable entry and exit for funds to a certain extent. read the whole passage: https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=47&id=41896