Pyra is a self-custodial app and Visa crypto card that lets you spend the value of your crypto without liquidating it. Each purchase is funded through an over-collateralized loan, allowing your assets to remain on-chain and continue earning yield.

How It Works

• Earn yield automatically on backing assets.
• Works with a range of crypto assets, including stablecoins.
• Use the Pyra Visa card at millions of merchants worldwide, including via Apple Pay and Google Pay.

Tax Advantages

Because spending with Pyra uses a loan rather than a sale, it generally doesn’t trigger a capital gains tax event. The exact impact depends on local tax laws, but many users see this as one of the platform’s most attractive benefits.