Cardano Card to Cease Operations on October 31, 2023
The Cardano Visa card, supporting over 685 cryptocurrencies, will discontinue services by the end of October.
The Cardano Visa card, supporting over 685 cryptocurrencies, will discontinue services by the end of October. Bitcoin (BTC) is trading at $83,114.00, down 0.4% since this brief published. This is an original TLT brief synthesising 2 outlets (Crypto Economy, ZyCrypto), plus live market data, as of Tue, 13 Oct 2026 17:15:02 UTC.
The shutdown marks a significant reduction in multi-chain crypto payment options, impacting users who rely on the Cardano ecosystem for transactions involving major cryptocurrencies like Bitcoin, Ethereum, and XRP.
- Cardano Card to stop operations on October 31, 2023.
- Supports over 685 cryptocurrencies, including ADA, BTC, ETH, and XRP.
- Bitcoin and Ethereum DeFi TVL remain at $4.45B and $51.18B respectively.
- Crypto market cap at $2.88T with a Fear & Greed index of 57 (Greed).
Multiple outlets, including Crypto Economy and U.Today, confirm that the Cardano Visa card will cease operations on October 31, 2023. Both outlets agree that the card supports over 685 cryptocurrencies, including major ones like ADA, Bitcoin, Ethereum, and XRP. However, Crypto Economy provides additional context about the card's functionality until the shutdown date, while U.Today focuses on the discontinuation announcement.
The Cardano Visa card, a multi-chain crypto payment solution, will discontinue its services on October 31, 2023, according to announcements from its official X account and corroborated by Crypto Economy and U.Today.
The card has been a significant tool for users in the Cardano ecosystem, allowing payments with a wide range of cryptocurrencies, including ADA, 
Bitcoin, 
Ethereum, and 
XRP. Despite the shutdown, the service will continue to operate normally until the end of October.
The decision to discontinue the Cardano Card comes at a time when the total crypto market cap stands at $2.88 trillion, with Bitcoin experiencing a 24-hour increase of 0.82% to $83,473 and Ethereum seeing a slight decline of 0.49% to $2,519.05. The Fear & Greed index remains at 57, indicating a state of Greed in the market.
The shutdown of the Cardano Card highlights the challenges faced by multi-chain payment solutions in the volatile crypto market. It also underscores the need for users to adapt to changing platforms and services, particularly as the market continues to evolve.
Looking ahead, the discontinuation of the Cardano Card may prompt users to explore alternative crypto payment solutions. The impact on the broader Cardano ecosystem and its DeFi components, currently at $51.18 billion in total value locked, remains to be seen.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from $83,473.00 to $83,114.00 — -0.43%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₦113.67M (about $83,114.00), up 0.7% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 13, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Cardano Card to Cease Operations on October 31, 2023 — questions & answers
Why is the Cardano Card shutting down?
The official announcement did not provide specific reasons for the shutdown, only stating that the service will cease operations on October 31, 2023.
What cryptocurrencies does the Cardano Card support?
The Cardano Card supports over 685 cryptocurrencies, including ADA, Bitcoin, Ethereum, and XRP.
How will the shutdown affect Cardano users?
Users will need to find alternative payment solutions after the shutdown, as the Cardano Card will no longer be available for transactions.
How much is 1 Bitcoin worth in naira today?
About ₦113.67M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $83,114.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.43% since this brief first published — trading at $83,114.00 now versus $83,473.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto Economy, ZyCrypto, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.