Used by individuals who don’t have direct access to the banking system for various reasons, including legal status or age, traditional gift cards have been offering their holders the opportunity to purchase products and services without a bank account or a credit card. Applied in the crypto space, gift cards can significantly improve access to cryptocurrencies and crypto payments.
The Daily: Crypto-Inheritance Service, Taiwanese Stablecoin, Bitcoin Gift Cards
A startup is now working to do exactly that. Kaiusb offers a hardware-software USB wallet which holds an amount of bitcoin (BTC) or ethereum (ETH) determined at the time of order. The product, KUSB, is currently available online, but the team plans to start selling it at a number of physical stores and through other online retailers by the end of this year.