Pudgy Penguins Launches Visa-Backed Crypto Debit Card Worldwide — PENGU Spikes Nearly 5.6%

Popular NFT brand Pudgy Penguins announced the global launch of its cryptocurrency debit card on Tuesday, powered by payments giant Visa Inc. (NYSE:V). New Virtual Card For Everyday Spending Pudgy Penguins said the Pengu card will let users spend stablecoins, such as USDC (CRYPTO: USDC) and Tether (CRYPTO: USDT), or cryptocurrencies, including PENGU, directly at over 150 million merchants, with up to 12% rewards and 7% yield on balances. The card works with Apple Wallet or Google Wallet, allowing online payments and global ATM withdrawals. The Pengu Card have three tiers: Standard, Black, and Gold, with Gold delivering the maximum reward at 12% and Standard offering 6%. The Pengu Card, on @Visa, is now live.In collaboration with @KASTxyz the Pengu Card is now available globally, across 170+ countries and 150M+ different merchants. Get yours below. pic.twitter.com/zj81QO7WQ7— Pudgy Penguins (@pudgypenguins) March 24, 2026 Users would need to create an account on KAST, a cryptocurrency finance app, to be eligible to receive the card. Initially, Pengu Card will roll out as a virtual card, with a physical card coming later. Happy Penguin! The Pengu Card is the latest addition to Pudgy Penguins’ growing portfolio of products and services. Earlier this month, it launched a free-to-play game, ‘Pudgy World', and integrated it with the Amazon online marketplace. Using Amazon, users can buy licensed wearables to customize their characters in the browser-based game. Price Action: The announcement drove the price of PENGU, the Solana (CRYPTO: SOL)-based coin of Pudgy Penguins, 5.59% higher at $0.007331. Over the last month, the token has gained 14.53%. Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.