NBX Visa Card to Support USDM Balance Spending Through Visa Flexible Credential

NBX has published details for its upcoming Visa card, a physical and virtual card product designed to connect multiple balances to one card credential.

According to NBX, the card will use Visa Flexible Credential architecture and will support balances including NOK, USDM, EURN and PLT. The card is scheduled to launch at the end of Q3 2026 in Norway, Germany, Sweden, Denmark and Finland, with Poland listed as coming soon.

NBX Visa Card Uses Visa Flexible Credential for Multiple Balances

NBX says the card will run on Visa Flexible Credential, a card architecture designed to let one physical card draw from multiple funding sources. The model allows users to manage several balances through one card experience rather than using separate cards for each balance or account.

The NBX card will link to user currency balances inside the NBX app, with NOK, $USDM, EURN and PLT listed as examples. Users will be able to switch the active spending balance in the app without changing cards. Prepaid and debit functionality are planned from launch, while credit capability is scheduled for 2027 after a separate credit application.

NBX also states that a virtual card will be available once a user account is approved and can be added to Apple Pay or Google Pay. A physical card will ship to the user’s registered address, with both card formats linked to the same balances and user tier.

USDM Is Listed for NBX’s Regulated Card Payment Model

USDM is a fiat backed stablecoin issued by Moneta and built natively on Cardano. Moneta describes USDM as backed 1:1 by reserves, verified on-chain daily and issued without bridge or wrapped token architecture. Moneta also states that USDM is FinCEN registered in the United States and MiCA compliant in Europe through NBX.

NBX describes itself as a co-issuer of USDM in the European Union and says USDM will be compliant with the EU MiCA regulation through that structure. NBX also states that it holds an e-money license through Norway’s Financial Supervisory Authority, Finanstilsynet.

The distinction around card spending is relevant for accuracy. The available NBX information does not describe merchants receiving USDM directly on-chain. The precise description is that users can select a USDM balance inside the NBX app as the balance used for card payment authorization, while the transaction runs through Visa card infrastructure.

NBX Card Adds Payment Use Case for Cardano Native USDM

NBX already lists several USDM trading pairs, including USDM/ADA, USDM/EUR, USDM/BTC and USDM/USDC, along with Cardano Native Token pairs such as GNRC/USDM, HOSKY/USDM and PALM/USDM. NBX also says minting and redemption of USDM through NBX as EU co-issuer are available through OTC requests and through its platform.

The NBX card adds a planned payment use case for $USDM beyond DEX liquidity, lending markets and on-chain settlement. The announced card model links a Cardano native stablecoin balance to a regulated app based payment flow, with prepaid and debit support planned from launch and credit functionality scheduled for 2027.

The product remains in a pre-launch phase until the end of Q3 2026. Based on NBX’s current information, the first rollout is limited to five European countries, with multiple balance support, virtual and physical card access, and Visa Flexible Credential routing forming the core of the announced card payment structure.