The partnership enables TopNod wallet users to convert digital asset yields into fiat for use at merchant locations through UR’s infrastructure.
Composable infrastructure provider UR and TopNod have announced a partnership to provide a co-branded Mastercard and integrated user accounts for TopNod’s non-custodial wallet.
The collaboration allows users to manage fiat and digital assets within the TopNod interface, including the conversion of on-chain yields into spendable fiat.
Through the integration of UR’s modular stack, TopNod users can convert holdings from real-world assets (RWA) into USD, EUR, CHF and JPY. The system currently supports the conversion of over 20 digital assets. Settlement occurs via UR’s smart contracts, which are intended to maintain self-custody for the user while providing transparency for transactions.
Ng Ying Zhong, Chief Product Officer at UR, stated: “We are delighted to offer TopNod’s users easy access to modular account and payment features and transferable digital assets while they keep complete custody of their own funds.”
Jacky Zhu, CEO of TopNod, indicated: “By integrating UR’s transparent infrastructure, our users now own the same-name on-chain account and can make transfers to their peers or spend it directly via Mastercard. This is true trustless flexibility for the digital age.”
The co-branded Mastercard is issued by SR Saphirstein AG and is supervised by the Swiss Financial Market Supervisory Authority (FINMA).
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