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WisdomTree allows its Visa debit card holders to pay directly from its tokenized RWA funds

2024-10-10 01:26
Odaily News WisdomTree announced that users can now spend funds from the WisdomTree Government Money Market Digital Fund (WTGXX) directly through their Visa debit cards. Will Peck, head of digital assets at WisdomTree, said in a statement: "By connecting income assets directly to our spending function, users can fund their everyday purchases within the application, and through WTGXX investment, it is possible to earn income every day until the investment is sold to pay for consumption." WTGXX is a tokenized RWA fund composed of U.S. Treasury bonds and other highly liquid assets. WisdomTree said that as of October 9, it has a yield of about 4.6% and currently manages about $12 million in assets. (Cointelegraph)