Plasma One
Stablecoin account from Plasma with Visa cards that spend a self-custodied USDT balance on the Plasma chain and pay cashback in XPL.
- Visa card issued by Rain: Visa Signature on Lite and Core, Visa Infinite on Platinum
- Virtual cards on every tier (1 to 3 free); physical card for Core and Platinum members
- Non-custodial smart wallet secured by Privy; the card spends your USDT balance on Plasma, topped up with USDT, USDC or a bank transfer
- Cashback paid weekly in XPL: 2% on Lite, 3% on Core, 4% on Platinum, stepping down as monthly spend grows
- Core costs $199 a year or a 20,000 XPL lock, Platinum needs an XPL lock; FX markup 1% on Lite, 0.5% on Core, none on Platinum
- Cashback
- 2% on the first $500 a month
- Paid in
- XPL
- Top cashback needs
- 4%: Platinum tier, first $3,000/month
- Monthly fee
- Free
- FX fee
- 2%
- Custody
- Self-custody
- Crypto converts
- Top up first
- Identity check
- Required
- Issuer
- Rain
Some of these terms come from a review site because the issuer does not state them, and they can be out of date.
Compare all cardsSeven criteria from the terms on this page, on a scale of 10. Compare it with other cards only. How we score
- Custody 10.0
- Self-custody is a 10, a custodial balance is a 4.
- Cashback 5.5
- Base tier: 3% or more is a 10, no cashback is a 1. Paid in the project's own token, a rate counts at three quarters.
- FX and conversion 4.0
- Base tier: no fee is a 10, 3% in FX and conversion together is a 1.
- Issuer and record 6.0
- Non-custodial wallet, card issued by Rain, launched in 2026
- Fees 10.0
- No monthly fee is a 10; a fee or a paid physical card lowers it.
- Regions 2.0
- Invite only; without a code you wait for Plasma to reach out
- Phone pay and card types 5.0
- Apple Pay, Google Pay, virtual and physical cards.
Cost to start: Lite: $10 deposit to activate in most regions, a $10 card fee in some; Core $199 a year or 20,000 XPL locked; Platinum needs an XPL lock
- Get an invite code, access is by invite only
- Download Plasma One from the App Store or Google Play and sign up with the code
- Verify your identity
- Add money with USDT, USDC or a bank transfer; most regions need $10 in the account to activate the Lite card
- Activate your virtual card and add it to Apple Pay or Google Pay
- Upgrade to Core or Platinum in the Tiers tab for higher cashback
- Referral bonuses$10 spend credit each when a friend spends $100 in 14 days, $200 each at $10,000 in 60 days
Cashback is paid in XPL, a token that can fall in value to zero, and XPL locked for Core or Platinum stays locked for 12 months with no early unlock. Plasma is not a bank, balances are not insured deposits, and Earn yield comes from third-party DeFi vaults that can lose money.
No security incidents found in our check of Oct 30, 2026.
