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Card comparison · August 2026

Kite vs Plasma One

Plasma One's Lite card is free, and so is Kite's. The difference is what you can find out before you sign up: Kite publishes its FX rate and its nine countries, Plasma One publishes neither.

Get the Kite app See the full comparison

What you can find out before you sign upKitePlasma One

Virtual cardFreeFree on Lite

Non-USD spend1.8%, publishedNot published

Where you can sign up9 for the card,
40+ for paymentsNot listed

Who holds itYou doYou do

No card fees Virtual and physical 0.53% to load Non-custodial Gas covered 40+ countries for payments

The short answer

Kite vs Plasma One: the short answer

Both entry cards are free. Plasma One Lite includes one virtual card, and so does Kite.

Plasma One’s cashback is the better headline: 2%, 3% and 4% by tier, paid in XPL.

It publishes no FX rate, only partner fees “shown in the app before you confirm”.

Kite publishes 1.8%, its card limits, and every country it serves.

Side by side

Kite vs Plasma One: fees and features compared

This compares the virtual card on each side, so the two columns are like for like. Every figure comes from Plasma One's own site and help centre on 31 August 2026, and from Kite's. Nothing here is estimated, and ATM withdrawals are left out because they need a physical card.

	kite	Plasma One
Card type	Visa debit card. The virtual card issues as soon as your checks clear	Visa, funded from a stablecoin balance. Lite includes one free virtual card, Core up to two, Platinum up to three
Card issuance	Free. No fee to issue the virtual card, to replace it or to keep it	Free on Lite, and included on the paid tiers
Monthly or annual fee	Free	$0 Lite. Core $199 a year or a 20,000 XPL lock for twelve months. Platinum by locking 100,000 XPL for twelve months
Cost to load the card	0.53%	No stated fee. Plasma One says it “does not charge any additional fees”
Spending in US dollars	No fee	No stated fee
Spending in another currency	1.8%Kite	Not published. Plasma One says foreign exchange carries partner fees “shown in the app before you confirm”
Network gas fees	Covered, on every supported chain	Zero-fee USD₹T transfers on Plasma routes; third-party fees may apply
Who holds your money	Non-custodial. Multi-party encryption (TSS-MPC), export your key anytime	Non-custodial. “Plasma does not custody your assets. The stablecoin assets in your Plasma One account are owned and custodied by you.”
Stablecoins and chains	USDC and USDT across Base, Ethereum, BSC, Polygon, Arbitrum	USDT and USDC, on the Plasma chain
Where you can sign up	9 countries for the full card: Singapore, Philippines, Malaysia, Thailand, Vietnam, Japan, South Korea, Taiwan, Australia. Stablecoin payments, QR pay and the wallet in 40+ more across Asia Pacific, the Middle East, Africa and the AmericasKite	Not published. The 180+ countries figure is where the Visa card is accepted, not where you can open an account
Card limits	$50,000 and 50 transactions a day, $990,000 a yearKite	Not published on the consumer pages
Cashback and rewards	Exclusive cashback drops on AI spends, conferences, and more.	2% Lite, 3% Core, 4% Platinum, paid in XPL and stepping down through spend bands. Core adds 5% on AI spend and a ChatGPT Go subscription
Apple Pay / Google Pay	Google Pay liveApple Pay Coming soon	Apple Pay on iPhone, Google Pay on Android

Sources

The differences

Why people switch from Plasma One to Kite

A country list you can actually read

Plasma One's 180+ is where Visa is accepted, not where you can sign up. Kite names every country it serves.

One number for spending abroad

Plasma One publishes no FX rate, only partner fees shown in the app. Kite charges 1.8%, and says so.

Limits in writing

Plasma One publishes no card limits. Kite's are $50,000 a day and $990,000 a year.

Custody

Who holds your money with Kite and Plasma One

Plasma One is non-custodial too, and says the stablecoin assets in your account are owned and custodied by you. With Kite it stays in a wallet only you can open, and you can export the key and walk away whenever you want.

No seed phrase to lose

Multi-party encryption

Your key is split, and never put together in one place. Not even on our servers.

One address, five chains

Base, Ethereum, BSC, Polygon and Arbitrum. Gas is on us.

Getting started

How to get your Kite Stable Card in 3 simple steps

Sign up and verify

Download the app and verify yourself in about two minutes. You need to be 18 or over and living in one of the nine countries Kite serves.

Get your free card

Your virtual Visa is issued instantly and you can order the physical card at the same time. Google Pay works today, and Apple Pay is coming soon.

No issuance or replacement fee

Load it and spend

Move USDC or USDT onto the card for 0.53%. It lands in five to ten minutes and you can spend it anywhere Visa is accepted.

Gas is covered

Questions

Questions about Kite and Plasma One, answered

How much does a Plasma One card cost?

Nothing on the Lite tier, which includes one free virtual card. Core is $199 a year or a 20,000 XPL lock for twelve months and includes up to two, and Platinum comes from locking 100,000 XPL for twelve months. The Kite Stable Card is free on the only tier there is.

Does Plasma One custody your assets?

No. Plasma One states that it does not custody your assets and that the stablecoin balance backing your card is owned and custodied by you. Kite is non-custodial on the same principle, using multi-party encryption rather than a stored seed phrase, and you can export your key at any time.

What is the Plasma One foreign exchange fee?

Plasma One does not publish one. Its pages say it does not charge any additional fees, and that some transactions including foreign exchange carry partner fees shown in the app before you confirm. Kite charges a flat 1.8% on non-dollar spending, published, and nothing at all in US dollars.

Which countries is Plasma One available in?

Plasma One does not publish an eligibility list. The 180+ countries in its marketing is where Visa cards are accepted, which is a different thing from where you can open an account. Kite is open to residents of nine Asia Pacific countries and says which.

How does Plasma One cashback work?

It pays 2% on Lite, 3% on Core and 4% on Platinum, in XPL rather than dollars, and the rate steps down through monthly spend bands. Kite has cashback and rewards on the Stable Card with no tier to subscribe to, and no published rate yet, so we will not quote one.

Plasma One or Kite: which should I pick?

If you want cashback and you are comfortable being paid in XPL and finding the FX rate in the app, Plasma One's headline rates are higher. If you want to know what a card costs and whether you can open one before you install it, Kite publishes 1.8% FX, its limits and its nine countries up front.