Intro
Monolith was a crypto debit card built on Ethereum. It allowed European customers to spend and store crypto in daily life. Over $113 million was spent by 35,000 users. The service closed in 2024 and is evolving into Token.com.
Monolith — Institution & Blockchain
- Institution: Monolith, trading name of UAB “Belela,” registered in Lithuania
- Blockchain Support: Ethereum smart contracts and ERC‑20 tokens
- Banking Partner: Solaris issued the Monolith debit card
- SuperApp Status: No — Monolith was a focused DeFi wallet + card, now succeeded by Token.com
Monolith — Main Solution & Convenience
Monolith pioneered a decentralized lifestyle by linking Ethereum wallets to a Visa debit card. Customers could store ERC‑20 tokens in a non‑custodial wallet and spend them in real life.
The platform emphasized transparency, security, and zero user security incidents during its lifetime.
Convenience came from direct crypto spending without intermediaries, making it a true DeFi lifestyle product.
Monolith — Official Mobile App
- Platforms: iOS and Android (delisted February 2025)
- Features: Non‑custodial Ethereum wallet, debit card management, token spending
- Security: Seed phrase backup, zero user security incidents reported
- Transition: App closed, successor Token.com is in beta rollout
Monolith — Ordering Process & Requirements
- Step 1: Download the Monolith app (no longer available)
- Step 2: Create a wallet and secure seed phrase
- Step 3: Apply for the Monolith Visa card via Solaris
- Step 4: Provide ID, proof of residence, and KYC details
- Step 5: Use card to spend ERC‑20 tokens in real life
Note: Monolith services ended in October 2024. Remaining funds can be redeemed via Solaris support.
Summary
Monolith was an Ethereum‑based debit card project. It served 35,000 European customers with $113 million spent. The service closed in 2024 due to regulatory challenges.
Its successor Token.com aims to be a global crypto SuperApp.
Q&A — Monolith Card
Q: What was Monolith?
A: A DeFi wallet and Visa debit card built on Ethereum.
Q: How many customers used it?
A: 35,000 European customers spent over $113 million.
Q: Is Monolith still active?
A: No, it shut down in October 2024 due to EU/UK regulations.
Q: What happens to Monolith users now?
A: They can redeem funds via Solaris and access wallets with seed phrases.
Q: What is next after Monolith?
A: Token.com, a new global consumer crypto platform, is its successor.
