PEXX Card

What the PEXX Card is

PEXX is a stablecoin payments platform used mainly for cross-border payouts, and the card is its spending arm. It comes in physical and virtual form, is accepted anywhere the relevant network works, and is funded from a balance you hold in USD, USDT or USDC rather than from a linked bank account.

How you fund it

You top up with USD, USDT or USDC. On the fiat side PEXX provides a USD virtual account with real routing and account numbers obtainable without a US address, funded by ACH, Fedwire or SWIFT. PEXX also runs an Earn product that credits interest daily on USD, USDT or USDC balances, backed by US Treasury Bills.

What it costs

PEXX publishes its card pricing openly: a 0.6% platform fee on every card transaction, plus a 1.2% FX markup when a purchase is not in US dollars. There are no spending limits currently applied. On the account side, deposits are not FDIC-insured — funds are held with licensed partners.

Who it suits

PEXX advertises 150,000+ users and frames the card as a way to spend dollars globally while avoiding foreign transaction fees charged by banks, with transfers to more than 17 countries including India, Vietnam, the Philippines and China.

PEXX is a Singapore stablecoin payments platform whose debit card comes in physical and virtual form. NoOnes issues a virtual-only Visa for wallet spending, and PokePay covers both formats from Hong Kong. Compare availability in the crypto cards directory.

Card

• Physical and virtual debit cards, giving instant online access plus in-store and ATM use.
• Virtual card issued within about a minute of a confirmed deposit.
• Fund from USD, USDT or USDC with no waiting on bank wires.
• Tap to pay, in-store and online, worldwide.

Account alongside the card

• US dollar virtual account with routing and account numbers, openable without a US address, SSN or residency.
• Deposits by ACH, Fedwire and SWIFT.
• PEXX Earn pays daily interest on USD, USDT or USDC balances, pegged to US Treasury Bill rates, with no minimum balance, lock-up or withdrawal penalty.
• Transfers to 17+ countries with local-currency payouts, most arriving in 15–30 minutes.

Security and controls

• Bank-grade encryption and real-time alerts.
• In-app balance, spending and card controls.
• 24/7 security monitoring.

Stablecoin funding

The card is funded with USDT or USDC alongside US dollars. You keep a balance in the platform and spend from it, so there is no need to pre-convert into a card float or hold multiple tokens.

Earn on the same balances

PEXX Earn pays interest in the same asset you deposit — USD, USDT or USDC — calculated daily on your wallet balance and credited the next day. There is no minimum balance, no lock-up period and no withdrawal penalty, so the balance backing your card can also be earning.

Adjacent rails

The account accepts deposits over ACH, Fedwire and SWIFT and pays out to 17+ countries in local currency, which makes PEXX as much a payout account as a card programme.

Published card pricing

• Platform fee per card transaction: 0.6%
• FX markup on non-USD purchases: 1.2%
• Spending limits: none currently applied

What is not published

PEXX does not publish card issuance fees, delivery charges or ATM withdrawal costs on its card page. Ask before ordering a physical card so you know what the plastic costs and what ATM use adds on top of the 0.6% platform fee.

Account-side costs

Foreign exchange on transfers is quoted live before you send, and PEXX claims its INR and VND routes beat Wise by 1.35% and 1.9% respectively. Deposits in the USD account are not FDIC-insured, though funds are held with licensed partners and the Earn product is backed by US Treasury Bills.

Cost profile

At 0.6% per transaction plus 1.2% on non-dollar spend, PEXX sits in the middle of the market: cheaper than most top-up cards that charge 3–4%, but not free like the exchange-issued cards that absorb costs to win trading volume.