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Following the full release of Slash App, Slash Web3 announced plans for a Card Rank System (カードランク制度) as the next development for Slash Card — its stablecoin payment card. The company says it aims to deliver an experience where users can pay anytime while their funds stay at work (運用しながら、いつでも決済できる体験).
The announcement positions the rank system as the next phase after the app's official launch, with further details to be shared via the official X account.
Slash Web3 formally released its stablecoin payment card app, Slash App, with the tagline "Money Moves On." The full public release lets anyone download the app and issue a Slash / Crypto Card directly, enabling everyday purchases using stablecoin balances through a linked payment card. The launch was confirmed via PR TIMES, a tweet from co-founder @ykatou, and the official X account, with the project's X post noting that any user can now apply for and issue a card.
Newly added features include biometric login (face and fingerprint recognition, removing the need to re-enter passwords or PINs) and identity verification via driver's license, in addition to the My Number card. To mark the full release, Slash is running a launch campaign: a referral program that pays up to $20 USDC per invited friend (spendable via Slash Card), plus 50% off the physical card issuance fee.
Slash Web3 co-founder 0xShin0310 reiterated the post-launch roadmap for Slash App built on BaaS (Banking-as-a-Service) partnerships: a JPY<>USDC onramp and offramp, lending, and eventual connectivity to domestic and global securities markets. He said the partnerships and organizational setup needed to deliver this are already underway, with formal announcements to follow.
Slash announced a signed agreement with a major Japanese credit card issuer to launch the Slash Card, billed as the first crypto-backed credit card fully compliant with Japan's regulations, with official launch scheduled for 2025.
Following earlier listings on Bybit, MEXC, and Zoomex, SVL/USDT trading began on Gate.io at 12:00 UTC on August 30, 2024, with a GT-holder airdrop campaign ahead of the Slash Card rollout.
After a Bybit Web3 IDO ran April 22–26, 2024 (26.3M SVL at 0.0019 USDC), the SVL token listed on Bybit spot and began trading at 10:00 UTC on April 29, 2024 — its token launch of record.
The core Slash Payment protocol mainnet went live, enabling merchants to accept a wide range of tokens across multiple chains via smart contracts; the project's own white paper also records the mainnet launch in August 2022.
Slash opened its payment testnet as the first step in building its decentralized crypto payment protocol; per the project's roadmap, the testnet launched in June 2022.
The parent company behind the Slash web3 payments project was incorporated in the British Virgin Islands, with CEO Shinsuke Sato, laying the groundwork for a crypto payment ecosystem in Japan.
