The product experience of the encryption financial card provider Infini has received high praise, but this morning it suddenly announced the complete shutdown of all its cards and payment services, sparking discussions in the community. The team admitted that the payment card path is "high cost, low income," and coupled with cumbersome regulations, it ultimately remains difficult to sustain. This is not only a turning point for Infini's business but also highlights the helpless reality of the entire encryption industry in payment scenarios.
A beautifully hit ball that doesn't fly far: Why did Infini close its financial card payment business?
Infini has always received positive reviews from users for its financial card services, which feature a simple interface, stable financial management, and smooth payment. The (U card allows users to preload with stablecoins and make daily purchases via Visa, making it an important breakthrough for Web3 payment implementations.
Unified response: 1) Infini will no longer engage in to C card business. The reason is that compliance costs are extremely high, profits are very thin, and operations are quite burdensome. (Oh, I forgot to mention that it is also easy to be ridiculed as the bottom of the industry.) We have made a strategic adjustment and removed the to C card portion of the business.
Currently, the to c card business occupies 99% of the time and cost, contributing 0 revenue. …
— Princess Christine )@0xsexybanana( June 17, 2025
However, according to the official announcement from Infini and the words of co-founder Princess Christine, the operation of the payment card not only requires a high investment in compliance costs, manpower, and technical maintenance expenses, but also almost cannot generate a stable source of profit:
This process is too convoluted, too lengthy, and the costs are too high. Without subsidies, it is impossible to achieve the same transaction fees and rewards as Web2 credit cards.
In other words, even if the product experience is excellent, as long as the card still relies on the traditional financial system ) such as bank clearing and payment networks (, the ideals of Web3 will ultimately be constrained by the iron cage of Web2.
Struggling to move forward: Why is encryption payment difficult to scale?
Christine explained from an operational perspective that the financial card business inherently carries multiple "intermediary barriers":
Stablecoins need to be converted into specific intermediary assets before they can be further converted into fiat currency for consumption through traditional payment networks.
The entire process involves cumbersome aspects such as regulatory risk control, KYC, and AML audits.
Almost every layer charges a handling fee, and the final cost is still much higher than existing Web2 credit cards.
He likens this payment model to the "iPod nano", which looks beautiful but will ultimately be replaced by more essential and native Web3 solutions like the "iPhone":.
The U card is not the ultimate solution for "paying with stablecoins"; it is merely a transitional path, and it has now been confirmed that this path is no longer worth pursuing.
)Bybit, Infini, and Solayer, three PayFi companies, discuss the secrets of the industry. How should I choose a U card? (
Wu said blockchain: encryption financial cards cannot escape the fate of burning money.
Infini Financial Card is well-known in the Asian cryptocurrency circle. Although it was previously hacked for 50 million dollars due to a mishap in permission transfer, the team's commitment to full compensation is also admirable.
) encryption financial card company Infini was hacked for 50 million USD, the team promises full compensation (
However, as Colin Wu, the editor-in-chief of the blockchain, said: "The U card is indeed difficult; it's stuck in traditional finance. No matter how good your traffic experience is, it is of no use at all."
Web3 native entrepreneurs still need to rely on core clearing networks such as Visa or Master to issue cards, and cannot bypass the numerous checks of banks and acquiring institutions. This means that even if encryption operators are willing to take on risks and promote innovation, the traditional financial system still erects a high wall named "cost" against crypto payments.
This has also caused the entrepreneurial ecosystem in the current encryption field to decline, with high costs forcing teams that truly have products and execution capabilities, such as Infini, to choose to stop losses and transform.
Infini embraces a decentralized future, focusing on financial products.
The Infini team emphasized in the announcement that, apart from the card, the financial services and asset deposit and withdrawal functions are still operating normally, and they will focus on developing asset management products in the future. More importantly, they will "abandon the centralized path" and fully embrace decentralized payment solutions.
)Bybit, Infini, and Solayer discuss the secrets of the PayFi industry. How should I choose a U card?(
This may indicate that Infini will explore non-bank dependent encryption native products such as wallet or yield management applications. Instead of getting stuck in the middle ground between Web2 and Web3 and burning costs, proactively shifting towards more autonomous encryption solutions may be the best solution.
In this battle of payments, Infini's retreat is not a failure, but rather an expensive lesson. Web3 entrepreneurs should also rethink the true path of "payments"—whether to mimic Web2 or to create an entirely new logic of financial interaction.
This article announces that Infini is shutting down its encryption financial card services: Is the U card destined to be suffocated by traditional financial payment pathways? First appeared on Chain News ABMedia.
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Infini announces the closure of encryption financial card services: Is the U card doomed to be blocked by the TradFi payment pathway?
The product experience of the encryption financial card provider Infini has received high praise, but this morning it suddenly announced the complete shutdown of all its cards and payment services, sparking discussions in the community. The team admitted that the payment card path is "high cost, low income," and coupled with cumbersome regulations, it ultimately remains difficult to sustain. This is not only a turning point for Infini's business but also highlights the helpless reality of the entire encryption industry in payment scenarios.
A beautifully hit ball that doesn't fly far: Why did Infini close its financial card payment business?
Infini has always received positive reviews from users for its financial card services, which feature a simple interface, stable financial management, and smooth payment. The (U card allows users to preload with stablecoins and make daily purchases via Visa, making it an important breakthrough for Web3 payment implementations.
Unified response: 1) Infini will no longer engage in to C card business. The reason is that compliance costs are extremely high, profits are very thin, and operations are quite burdensome. (Oh, I forgot to mention that it is also easy to be ridiculed as the bottom of the industry.) We have made a strategic adjustment and removed the to C card portion of the business.
Currently, the to c card business occupies 99% of the time and cost, contributing 0 revenue. …
— Princess Christine )@0xsexybanana( June 17, 2025
However, according to the official announcement from Infini and the words of co-founder Princess Christine, the operation of the payment card not only requires a high investment in compliance costs, manpower, and technical maintenance expenses, but also almost cannot generate a stable source of profit:
This process is too convoluted, too lengthy, and the costs are too high. Without subsidies, it is impossible to achieve the same transaction fees and rewards as Web2 credit cards.
In other words, even if the product experience is excellent, as long as the card still relies on the traditional financial system ) such as bank clearing and payment networks (, the ideals of Web3 will ultimately be constrained by the iron cage of Web2.
Struggling to move forward: Why is encryption payment difficult to scale?
Christine explained from an operational perspective that the financial card business inherently carries multiple "intermediary barriers":
Stablecoins need to be converted into specific intermediary assets before they can be further converted into fiat currency for consumption through traditional payment networks.
The entire process involves cumbersome aspects such as regulatory risk control, KYC, and AML audits.
Almost every layer charges a handling fee, and the final cost is still much higher than existing Web2 credit cards.
He likens this payment model to the "iPod nano", which looks beautiful but will ultimately be replaced by more essential and native Web3 solutions like the "iPhone":.
The U card is not the ultimate solution for "paying with stablecoins"; it is merely a transitional path, and it has now been confirmed that this path is no longer worth pursuing.
)Bybit, Infini, and Solayer, three PayFi companies, discuss the secrets of the industry. How should I choose a U card? (
Wu said blockchain: encryption financial cards cannot escape the fate of burning money.
Infini Financial Card is well-known in the Asian cryptocurrency circle. Although it was previously hacked for 50 million dollars due to a mishap in permission transfer, the team's commitment to full compensation is also admirable.
) encryption financial card company Infini was hacked for 50 million USD, the team promises full compensation (
However, as Colin Wu, the editor-in-chief of the blockchain, said: "The U card is indeed difficult; it's stuck in traditional finance. No matter how good your traffic experience is, it is of no use at all."
Web3 native entrepreneurs still need to rely on core clearing networks such as Visa or Master to issue cards, and cannot bypass the numerous checks of banks and acquiring institutions. This means that even if encryption operators are willing to take on risks and promote innovation, the traditional financial system still erects a high wall named "cost" against crypto payments.
This has also caused the entrepreneurial ecosystem in the current encryption field to decline, with high costs forcing teams that truly have products and execution capabilities, such as Infini, to choose to stop losses and transform.
Infini embraces a decentralized future, focusing on financial products.
The Infini team emphasized in the announcement that, apart from the card, the financial services and asset deposit and withdrawal functions are still operating normally, and they will focus on developing asset management products in the future. More importantly, they will "abandon the centralized path" and fully embrace decentralized payment solutions.
)Bybit, Infini, and Solayer discuss the secrets of the PayFi industry. How should I choose a U card?(
This may indicate that Infini will explore non-bank dependent encryption native products such as wallet or yield management applications. Instead of getting stuck in the middle ground between Web2 and Web3 and burning costs, proactively shifting towards more autonomous encryption solutions may be the best solution.
In this battle of payments, Infini's retreat is not a failure, but rather an expensive lesson. Web3 entrepreneurs should also rethink the true path of "payments"—whether to mimic Web2 or to create an entirely new logic of financial interaction.
This article announces that Infini is shutting down its encryption financial card services: Is the U card destined to be suffocated by traditional financial payment pathways? First appeared on Chain News ABMedia.