Is this the end of "Prepaid" Crypto Cards?

[TMMAC]

I’ve been digging into payment rails lately because I'm tired of the "load prepaid card" model (like Crypto.com where you essentially sell to fiat first).

I just read this deep dive on Medium that breaks down the Wallmoney/PayTo infrastructure: https://medium.com/@tellmemoreaboutcore2022/beyond-neobanking-how-wall-money-defines-the-real-time-evolution-of-money-dedf7b81fec7

It explains how they handle 42-second settlement directly from the asset (even commodities/alts) to the merchant's fiat. I've also seen Ockert Loubser post live demos of this on X, so it seems to be more than just a whitepaper concept. Essentially, we don't lose custody until the exact moment of sale.

Technically, this runs on the Core Blockchain ($XCB). If this architecture holds up, it solves the liquidity issue we've had since 2017. Has anyone here dug deeper into the tech stack described in the article?

It sounds like they are finally bridging the gap between non-custodial wallets and Visa rails without the usual banking friction. The presale is live, but I'm more interested in discussing the underlying tech. Thoughts?

[BattleDog]

That "42-second settlement" line sets off my alarm. Merchants get authorization in seconds anyway, but actual settlement on card rails is usually not "42 seconds to merchant fiat in their bank account," it's "we can swap/hedge internally fast and promise the merchant side feels instant." Which can be legit engineering, but it's not magic.

The questions I'd ask (before trusting it with anything meaningful) are basically: where does the conversion actually happen, who custody-touches the funds at any point, and what's the failure mode when volatility spikes or liquidity dries up?