Lava has launched its Lava Card, a secured Visa credit card that pays Bitcoin rewards on every transaction and accepts stablecoins as a funding source. The card offers 3% Bitcoin rewards for US-based users and 1% for international users on standard purchases, with elevated 5% rewards through Lava’s merchant network and on Amazon, Apple, and Netflix.
The secured structure means cardholders fund a USD balance themselves rather than borrowing. Funding methods include bank transfer, direct deposit, or sending stablecoins such as USDC directly to Lava. The card carries no annual fee, no foreign transaction fee, and no markup on Visa’s official exchange rate.
Lava positions the product around a simple value proposition: “spend dollars, earn Bitcoin, build savings.” The company routes stablecoin balances through standard Visa rails, requiring no adaptation from users or merchants. This approach addresses a persistent gap in crypto adoption. Stablecoin infrastructure has matured substantially, but everyday spending has lagged because card swiping remains the default behavior for consumers and merchants alike.
The card is available to users in nearly every country and accepted anywhere Visa operates. Lava plans to expand its merchant rewards network with partner announcements rolling out over coming months.
Bitcoin Line of Credit
Lava also offers the Bitcoin Line of Credit (BLOC), a lending product launched in November 2025 alongside a $200 million funding round combining venture and debt capital. BLOC allows users holding Bitcoin to borrow against their holdings rather than liquidating them. The product offers loans with no fixed terms or mandatory monthly payments and charges a starting interest rate of 5%. The maximum loan-to-value against posted bitcoin collateral is 50%.
The combination of the rewards card and BLOC creates a pathway for Bitcoin holders to spend without selling. A user could fund Lava Card spending through BLOC borrowing, accumulate Bitcoin rewards on purchases, and repay the loan using those rewards or other income.
Stablecoin as spending layer
Stablecoin adoption at the infrastructure level has grown substantially in recent years, but consumer adoption for everyday spending has remained constrained by friction. Lava’s integration of stablecoins into a standard Visa card removes that friction point. Users can hold stablecoins and convert them into spending power without leaving the card ecosystem.
The card’s lack of foreign transaction fees and adherence to Visa’s official exchange rate removes additional barriers for international users earning 1% Bitcoin rewards on purchases outside the US.
