Available in 110 countries, fintech startup Rizon has now officially launched its stablecoin app.
The app lets users spend stablecoins through cards, Apple Pay, and more. It features a unique non-custodial architecture that keeps users in full control of their funds. All of the complexities of spending stablecoins are handled by Rizon in the background, while users benefit from a simple, intuitive interface that anyone can use. Rizon supports USDC and USDT, two of the most trusted and adopted stablecoins in the world.
“For the first time in history, we’re witnessing the rise of a truly internet-native financial system centred around one simple, powerful idea: a dollar in the cloud. A dollar that anyone with a smartphone can access, save, spend, or invest,” says Ignas Survila, CEO and co-founder of Rizon.
“Until now, stablecoins have mostly been used by people who already understand crypto, but we think digital dollars should be for everyone. That’s why we made Rizon feel as simple as any regular fintech app, while giving users full control of their money through a self-custodial wallet.”
Behind the idea
Rizon was founded by Ignas Survila and Laurynas Jokubaitis, two experienced entrepreneurs with deep roots in blockchain and product innovation. Ignas, the CEO of Rizon, is a serial builder and twice-exited founder who has launched consumer products across a $240million+ ecosystem.
Laurynas, Rizon’s other co-founder, is an entrepreneur and investor in the crypto space. He previously founded and sold a crypto-loyalty company that raised $37million. Most recently, he co-founded and invested in Heiko Network — backed by Lightspeed Faction — where he currently serves as an executive. He was also recognised on the Forbes 30 Under 30 list in 2018.
Their backgrounds shaped Rizon’s mission to bring stablecoins to everyday users, not just crypto insiders. To make the app as simple as possible, Rizon partnered with:
- Privy, which provides simple wallet infrastructure and seamless authentication without seed phrases or browser extensions.
- Rain, which issues payment cards and takes care of compliance and backend integration.
Visa—all Rizon cards run on the Visa network, allowing users to spend their stablecoins online, in-store or at ATMs. - Circle (the issuer of USDC). This partnership allows Rizon to offer users one of the most trusted and regulated digital dollars in the world.
Rizon is available on iOS and Android. The app is free to use, with no maintenance fees and free deposits and card spending in US dollars. A one-time $10 fee applies when issuing a virtual card, and foreign transaction fees apply when spending in currencies other than USD.
Using Rizon
Stablecoin use has been booming in recent years, according to a report by the World Economic Forum. While Rizon is available globally, it is particularly useful in countries with unstable local currencies, such as those in the LatAm region. People living in these countries face high inflation that can quickly erode their savings. Rizon offers a stable digital option that keeps their money safe and easy to spend, protecting them from currency volatility.
Apps like Rizon are going to become more mainstream as stablecoin adoption increases. And with the US recently passing the GENIUS Act (the first federal law regulating stablecoins), trust in stablecoins will only grow further. That’s why it’s so important to make stablecoins accessible, secure, and easy to use for anyone.
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