BAANX TO FORGE ALLIANCE TO PRODUCE TEZOS FIRST NON-CUSTODIAL ON-CHAIN PAYMENT CARD

Last updated: June 19, 2025, 19:09 | Written by: Naval Ravikant

Imagine a world where you have complete control over your cryptocurrency, able to spend it securely anywhere debit cards are accepted, without ever relinquishing custody. Baanx and Tezos introduce the first non-custodial on-chain crypto card, leveraging Etherlink for secure, efficient, and user-friendly payments.This vision is becoming a reality thanks to a groundbreaking partnership between Baanx and Tezos. Tezos, the smart-contract blockchain founded by the husband-wife team of Arthur and Kathleen Breitman in 2025, will have its name on a new crypto payments debit card, created in association with Baanx, the digital assets card facilitator and partner of Mastercard.Transactions involving the Tezos-brThey are poised to revolutionize the decentralized finance (DeFi) landscape by introducing the first non-custodial on-chain cryptocurrency payment card. They recently announced their plans to launch a non-custodial payment card utilizing Etherlink, Tezos' new Layer-2 EVM-compatible network currently in mainnet beta. In this article, let's explore Baanx more and highlight their plans for Tezos.This card empowers users to maintain complete ownership and control of their digital assets while seamlessly integrating them into everyday spending.Forget the complexities of centralized exchanges and the risks of entrusting your funds to third parties.The Baanx and Tezos collaboration is paving the way for a more secure, efficient, and user-friendly DeFi experience.Built upon the robust Tezos blockchain and utilizing the innovative Etherlink Layer 2 solution, this card promises swift, cost-effective transactions.Prepare to witness a paradigm shift in how we interact with cryptocurrency, where financial freedom and control are placed directly in the hands of the user.

The Dawn of Non-Custodial Crypto Payments with Tezos and Baanx

The partnership between Baanx, a leading digital asset card facilitator, and the Tezos Foundation marks a significant leap forward in the adoption of cryptocurrency for everyday use.This collaboration addresses a critical need in the DeFi space: the ability to spend crypto assets without sacrificing control.Existing solutions often require users to deposit their cryptocurrency with a centralized exchange or service, introducing security risks and counterparty dependencies. Baanx and Tezos have unveiled the first non-custodial on-chain cryptocurrency payment card, revolutionizing the decentralized finance (DeFi) landscape. According to Tezos Spotlight, this innovative card leverages Etherlink, a Smart Rollup blockchain powered by Tezos, to provide users with full control over their cryptocurrency assets.The Baanx-Tezos card eliminates this requirement, allowing users to retain full custody of their funds at all times.

What is a Non-Custodial Crypto Card?

A non-custodial crypto card is a payment card that allows you to spend your cryptocurrency without having to transfer it to a third party.You maintain control of your private keys and therefore, your assets.This provides several key advantages:

Security: You are not reliant on the security of a centralized exchange or service.
Control: You have complete control over your funds.
Transparency: Transactions are recorded on the blockchain, providing transparency and auditability.

Account Abstraction: The Key to User Empowerment

The Baanx-Tezos card leverages account abstraction, a powerful technology that simplifies the user experience and enhances security.Account abstraction allows users to manage their cryptocurrency assets with greater flexibility and control. Peter Zhang Baanx and Tezos introduce the first non-custodial on-chain crypto cardIt simplifies interaction with smart contracts and decentralized applications (dApps), paving the way for a more intuitive and accessible DeFi ecosystem.

Leveraging Etherlink: Tezos' Layer 2 Solution for Speed and Efficiency

Transactions made with the Tezos-branded non-custodial crypto card will be processed on Etherlink, an Ethereum-compatible Layer 2 blockchain powered by Tezos Smart Rollups technology. Baanx x Tezos Introduce First Non-Custodial On-Chain Crypto Card. Discover how Baanx and Tezos are revolutionizing decentralized finance with the first non-custodial on-chain payment card. TRILITECH. DEFI. How Tezos Timelocks Help Protect DeFi Transactions. Learn how this Tezos feature can help protect transactions from bots and MEVThis choice is strategic, as Etherlink offers several advantages that are crucial for a seamless payment experience:

Speed: Etherlink's Layer 2 architecture enables significantly faster transaction speeds compared to the Tezos mainnet.This is essential for real-world payment scenarios where quick processing times are critical.
Cost-Effectiveness: By processing transactions on a Layer 2, the Baanx-Tezos card can offer lower transaction fees, making it a more attractive option for everyday spending.
EVM Compatibility: Etherlink's Ethereum Virtual Machine (EVM) compatibility allows developers to easily port existing Ethereum-based applications to the Tezos ecosystem, fostering innovation and expanding the range of services available to users.

What are Tezos Smart Rollups?

Tezos Smart Rollups are a Layer 2 scaling solution that allows the Tezos blockchain to handle a higher volume of transactions. The Tezos-branded, non-custodial crypto card will take place on Etherlink, an Ethereum-compatible Layer 2 blockchain powered by Tezos Smart Rollups technology. Matercard and Baanx also have aThey work by executing smart contracts off-chain and then submitting a proof of the execution to the main chain. Baanx and Tezos have unveiled the first non-custodial on-chain cryptocurrency payment card, revolutionizing the decentralized finance (DeFi) landscape. According to Tezos Spotlight, this innovative card leveragesThis significantly reduces the load on the main chain and allows for faster and cheaper transactions.

Baanx: A Leader in Digital Asset Payment Solutions

Baanx is a UK-based company specializing in digital asset payment solutions.Their expertise lies in bridging the gap between the traditional financial world and the rapidly evolving cryptocurrency landscape. Baanx has a proven track record of collaborating with leading players in the DeFi space to develop innovative payment solutions.Their partnerships with Mastercard, 1inch, and now Tezos demonstrate their commitment to driving the adoption of cryptocurrency for everyday use.

Baanx's Existing DeFi Partnerships

Baanx's track record of collaboration speaks volumes about their commitment to innovation.Here's a glimpse into some of their existing partnerships:

Mastercard: Baanx has an existing debit card partnership with Mastercard, showcasing their ability to navigate the complexities of the traditional financial system.
1inch: Baanx has collaborated with DeFi aggregator 1inch to offer a cryptocurrency debit card, demonstrating their commitment to integrating with established DeFi protocols.
MetaMask: Baanx is also working on a debit card solution with MetaMask, one of the most popular cryptocurrency wallets, further solidifying their position as a key player in the DeFi payment space.

Tezos: A Blockchain Focused on Evolution and Sustainability

Tezos is a self-amending blockchain that is designed to evolve and adapt to the changing needs of the cryptocurrency ecosystem.Its unique governance model allows for seamless upgrades without the need for hard forks, ensuring the long-term stability and sustainability of the network. Tezos is also known for its focus on formal verification, a rigorous testing process that helps to ensure the security and reliability of its smart contracts. Etherlink, an EVM-compatible non-custodial Layer 2 blockchain powered by Tezos Smart Rollups technology, will be the default blockchain for this solution. In collaboration with Mastercard, BaanxThis commitment to security and innovation makes Tezos an ideal platform for building decentralized financial applications.

Tezos' Commitment to Decentralized Finance

Tezos has been actively fostering the growth of the DeFi ecosystem on its platform. Peter Zhang Baanx and Tezos introduce the first non-custodial on-chain crypto card, leveraging Etherlink for secure, efficient, and user-fThe launch of the Baanx non-custodial crypto card is a testament to Tezos's commitment to providing users with innovative and accessible financial tools.The platform's focus on security, scalability, and governance makes it a compelling choice for developers and users alike.

Tezos Timelocks: Enhancing DeFi Security

Tezos offers a feature called Timelocks which is designed to protect DeFi transactions from malicious activities like bot attacks and Miner Extractable Value (MEV). Timelocks add a delay to transaction execution, giving users time to react to potentially harmful situations and prevent unwanted outcomes. Cointelegraph Baanx to forge alliance to produce Tezos first non-custodial on-chain payment card News CoinDesk Tezos Foundation Teams Up With Baanx for Non-Custodial Crypto CardThis security feature strengthens the overall DeFi experience on Tezos.

How the Baanx-Tezos Card Works: A User's Perspective

Imagine you have Tezos (XTZ) or other supported cryptocurrencies in your personal wallet.With the Baanx-Tezos card, you can seamlessly spend these assets at any merchant that accepts debit cards.The process is designed to be as intuitive as possible, abstracting away the complexities of blockchain technology. Baanx, in collaboration with the Tezos Foundation, is set to innovate the financial landscape by introducing the first non-custodial on-chain crypto payments card. Leveraging account abstraction, this product empowers users to maintain custody over their crypto assets while being able to spend them on a debit card accepted by over 110 millionHere's a simplified overview:

Link Your Wallet: Connect your non-custodial wallet to the Baanx platform. The Tezos Foundation has partnered with Baanx to introduce a Tezos-branded, non-custodial crypto card on Etherlink. This collaboration aims to leverage Etherlink, an Ethereum-compatible Layer 2 blockchain powered by Tezos Smart Rollups technology, to facilitate swift and cost-effective payments.This wallet holds your cryptocurrency, and you maintain full control over it.
Spend at Merchants: When you make a purchase with the Baanx-Tezos card, the platform automatically converts the required amount of cryptocurrency from your wallet into fiat currency (e.g., USD, EUR).
Transaction on Etherlink: The conversion and payment transaction are processed on Etherlink, ensuring fast and cost-effective settlement.
Funds Deducted from Your Wallet: The corresponding amount of cryptocurrency is deducted from your wallet, and the merchant receives the fiat payment.

The beauty of this system lies in its simplicity. The Tezos-branded, non-custodial crypto card will take place on Etherlink, an Ethereum-compatible Layer 2 blockchain powered by Tezos Smart Rollups technology. Matercard and Baanx also have a debit card with DeFi firm 1Inch and are working on one with MetaMask.You don't need to pre-load the card with funds or go through a cumbersome exchange process. Tezos has announced a non-custodial crypto debit card through Baanx, the UK-based outfit it has financially backed since 2025. Submit News Write For Us Advertise About us Latest NewsThe Baanx-Tezos card seamlessly integrates cryptocurrency into your everyday spending habits.

The Benefits of the Baanx-Tezos Non-Custodial Crypto Card

The Baanx-Tezos card offers a wide range of benefits for cryptocurrency users:

Complete Control Over Your Assets: Maintain full custody of your cryptocurrency at all times.
Seamless Spending: Spend your cryptocurrency at over 110 million merchants worldwide that accept debit cards.
Fast and Cost-Effective Transactions: Leverage Etherlink for rapid and affordable payments.
Enhanced Security: Benefit from the security of the Tezos blockchain and the non-custodial nature of the card.
Simplified User Experience: Enjoy a user-friendly interface that abstracts away the complexities of blockchain technology.
DeFi Integration: Seamlessly integrate your cryptocurrency holdings into your everyday financial life.

Addressing Common Concerns about Crypto Payment Cards

The idea of using cryptocurrency for everyday purchases may raise some questions.Let's address some common concerns:

What Happens if the Price of Cryptocurrency Fluctuates?

The Baanx-Tezos card automatically converts your cryptocurrency into fiat currency at the point of sale.This mitigates the risk of price fluctuations impacting your purchase.The conversion rate is typically locked in at the time of the transaction, providing certainty and predictability.

Is the Baanx-Tezos Card Secure?

Security is a top priority for both Baanx and Tezos. Transactions involving the Tezos-branded, non-custodial crypto card will take place on Etherlink, an Ethereum-compatible layer-2 blockchain powered by Tezos Smart Rollups technology, toThe card leverages the robust security features of the Tezos blockchain, including its formal verification process and self-amending governance model.Furthermore, the non-custodial nature of the card ensures that you retain control of your private keys, minimizing the risk of theft or loss.

What Cryptocurrencies Will Be Supported?

While the initial focus is on Tezos (XTZ), it is likely that the Baanx-Tezos card will support a range of other cryptocurrencies in the future.The specific cryptocurrencies supported will likely depend on factors such as liquidity, security, and regulatory compliance.

The Future of Crypto Payments: A Glimpse into What's to Come

The Baanx-Tezos collaboration represents a significant step towards the mainstream adoption of cryptocurrency. Transactions involving the Tezos-branded, non-custodial crypto card will take place on Etherlink, an Ethereum-compatible layer-2 blockchain powered by Tezos Smart Rollups technology, to allow fastAs technology continues to evolve and regulations become clearer, we can expect to see even more innovative payment solutions emerge. Baanx is introducing the first non-custodial on-chain cryptocurrency payment solution on the Tezos blockchain, allowing users to retain full custody and control of their crypto assets whilst having the ability to spend them securely on a debit card at merchants across the globe.The future of crypto payments is likely to be characterized by:

Greater Interoperability: Seamless integration between different blockchains and payment systems.
Enhanced Security: Continued advancements in security protocols and custody solutions.
Improved User Experience: More intuitive and accessible interfaces for managing and spending cryptocurrency.
Wider Acceptance: Increased adoption by merchants and consumers alike.

Conclusion: Baanx and Tezos Pioneering a New Era of Financial Freedom

The Baanx alliance to produce Tezos' first non-custodial on-chain payment card is a game-changer for the cryptocurrency industry.By combining Baanx's expertise in digital asset payment solutions with Tezos's robust blockchain technology, this collaboration is empowering users to take control of their finances and seamlessly integrate cryptocurrency into their everyday lives.This innovative card, leveraging the speed and efficiency of Etherlink, promises a secure, user-friendly, and cost-effective way to spend cryptocurrency at millions of merchants worldwide.Key takeaways include:

The card is non-custodial, meaning users retain full control of their crypto assets.
It utilizes Etherlink, a Layer 2 solution, for fast and affordable transactions.
It signifies a major step towards the mainstream adoption of cryptocurrency.

This is not just about a payment card; it's about financial freedom and a future where cryptocurrency empowers individuals to participate in the global economy on their own terms.Keep an eye on this space – the Baanx-Tezos collaboration is just the beginning of a revolution in how we think about and use money.