Aven launches Bitcoin-backed Visa credit card, with a maximum credit limit of up to $1 million

CryptoWorld News reports that, according to Bitcoin Magazine, Aven has launched a Bitcoin-backed Visa credit card that allows users to borrow against their Bitcoin holdings, with a credit limit of up to $1 million, without selling assets or triggering taxable events. The card will be released at the 2026 Bitcoin Conference, aiming to provide liquidity for long-term holders while avoiding tax issues caused by asset sales. Aven’s Bitcoin Visa credit card combines revolving credit lines and fixed-term loan options, offering repayment periods of up to 10 years, with starting interest rates of 7.99% APR, lower than typical rates in the Bitcoin-backed loan market. Aven founder Li Sicen stated that Aven’s product will unlock more previously unfeasible use cases for users. The card also offers up to a 5-year interest-only period, aiming to bridge crypto assets with traditional credit access and expand Bitcoin’s utility on household balance sheets.