Slash, Akitas, Orico Issue USDC-Compatible International Brand Card
⚡ What Happened
Slash Vision, Akitas, and Orico have begun issuing the USDC-compatible international brand card "SlashCard". This will enable stablecoins to be used for everyday international brand payments, accelerating the bridging of Web3 and the real economy. Moving forward, the improvement of convenience for Web3 users and the spread of stablecoin payments both domestically and internationally will be watched with interest.
Singapore-based Slash Vision, Akitas, and Orico have begun issuing the USDC-compatible international brand card "SlashCard". This will make USDC available for everyday international brand payments. Previously, cryptocurrency payments were limited, often requiring conversion to fiat currency, but direct stablecoin payments are a move to bridge the gap between Web3 services and traditional finance. The involvement of a financial institution (Orico) enhances reliability and suggests the potential for accelerated social implementation of stablecoins.
🔍 While reports emphasize convenience, the essence is a move by existing financial institutions like Orico to fully enter the Web3 market, aiming for new revenue streams and market share. Amid regulatory uncertainties, leveraging a Singapore-based company allows for both first-mover advantage and risk hedging. The adoption of USDC is a strategic choice prioritizing liquidity and reliability, and can also be seen as a stepping stone for future integration with CBDCs and other stablecoins.
📰 Source: NewEconomy
🧭 Why is this moving now?
domain=crypto
🔮 Next Scenario
🎯 Incentive Map
| Player | True Incentive | Deep Weakness | Predicted Action |
|---|---|---|---|
| Slash Vision / Akitas | First-mover advantage and market dominance in the Web3 space, establishment of technological superiority. | Lack of brand power and trust as a startup, technological uncertainty. | Credit enhancement through partnerships with major financial institutions and aggressive promotion for user acquisition. |
| Orient Corporation (Orico) | Entry into the Web3 market and securing new revenue streams, promoting digitalization of existing businesses and enhancing brand image. | Legacy systems and culture of existing businesses, lack of deep understanding of Web3 technology, and risk-averse tendencies. | Accumulating knowledge and experience in the Web3 domain while limiting risks through partnerships with startups. |
| Web3 Users | Improved convenience of stablecoin assets, reduction of conversion costs and effort to fiat currency. | Security concerns, anxiety about regulations, adherence to familiar existing payment methods. | They will use it if convenience and security are guaranteed, but will hesitate if risks or complexity are high. |
⚠️ Pre-mortem — Conditions under which this prediction might fail
- Competitors launch more convenient stablecoin payment services early, seizing market share.
- Regulatory authorities in various countries introduce strict regulations on stablecoins and related services, making business development difficult.
- Credit concerns or liquidity issues arise with USDC itself, causing users to abandon stablecoin payments.
Hit Condition: If SlashCard achieves 10,000 monthly active users as of April 20, 2027, it's a HIT.
Judgment Date: 2027-04-20