Most crypto card pitches start with spending bitcoin anywhere in the world. The Tuyo card starts with a tax directive. Its case rests on DAC8, the European Union rules on crypto reporting that were due to start on January 1, 2026, and on the claim that Tuyo never produces those reports in the first place. Un Peu Moins Pauvre made that argument in a review published on December 17, 2025, and that claim is the one I want to test.
What the Tuyo card is
Tuyo is a crypto payment card on the Visa network. At the time it came as a virtual card only: no plastic, nothing in the post, and the card lives in Apple Pay or Google Pay on your phone. That covers a terminal in a shop and a checkout page, which is most of what a payment card does. Nothing at the checkout changes: you tap the phone and the terminal does the rest.
Its slogan is "Payez partout avec des stablecoins", pay everywhere with stablecoins, and Tuyo claims more than 20,000 users. A stablecoin is a token built to hold a steady value, usually one dollar, and that steadiness is what makes it usable for groceries. The only token the fee list names is USDC on Base. Base is a layer-2 network that settles on Ethereum, so the dollars you spend are tokens on an Ethereum network, not a balance at a bank.
Jorge Izquierdo co-founded Aragon, one of the larger DAO projects on Ethereum. A DAO is an organisation governed by on-chain votes rather than a board of directors. Izquierdo also holds a Thiel Fellowship, a $100,000 grant funded by Peter Thiel. Alejandro Perezpayá was Head of Digital Product at Allfunds, described as one of the biggest B2B financial companies in Europe, between April 2018 and March 2022.
I read that background as the strongest part of the pitch. A card that claims to sit outside European reporting is making a legal and compliance claim, and the people behind it need to know where the line falls. The creator makes the same point, saying they know exactly what they are working around.
What DAC8 changes for crypto cards
DAC8 is a European Union directive on tax cooperation. Obligations take effect on January 1, 2026, platforms have to collect data from that date, and reports are due by September 30, 2027.
The scope matters more than the timetable for a card. DAC8 does not stop at exchanges: custodial wallets and payment providers are named as intermediaries, and so are crypto cards. Those intermediaries have to identify users and trace transactions, then pass the data to tax authorities automatically, whether or not the user asked for anything or sold anything.
For a card, the practical effect is that the moment your crypto passes through a regulated European intermediary on its way to a merchant, a record exists and it travels. The creator's framing is that you believe you are paying in crypto while actually triggering a traceable tax event. I would separate two things that framing blends together. Spending crypto is usually a disposal for tax purposes in many countries, so the liability exists whether or not a platform reports it. What DAC8 changes is who files the paperwork and how visible the transaction becomes. The card moves the reporting; it does not move the liability. Keep that split in mind for the rest of the pitch, because discretion about reporting is a real feature and it is not a smaller tax bill.
Why the creator says Tuyo sits outside DAC8
The creator says Tuyo is not DAC8-compatible, and that this is a deliberate choice, technical and ideological. The reasoning: Tuyo is not a neo-bank in disguise, is not built on a classic European banking model, does not convert to fiat on every payment and does not act as an automatic tax relay. An automatic tax relay, in practice, is a card that converts your crypto to euros as it pays and files the record without asking you. The result, in the creator's words, is spending crypto without creating a tax signal at each payment, with far more discretion.
One caveat the creator adds and I want to underline: "discrétion ne veut pas dire illégalité", discretion is not the same as illegality. Discretion, in that framing, means control over when and how you declare.
The comparison is with Gnosis Pay, which the creator calls clean and well integrated, and also European, regulated, institutional and therefore exposed to DAC8. The image used is crypto accepted by the system against crypto that refuses to become a bank. The creator also mentions swaps routed through Jumper, with fees that grow with the amount, and a fork and uncertainty around Gnosis as reasons to hold exposure elsewhere.
The weak point is the assumption underneath: that Tuyo's own arrangement falls outside the intermediaries DAC8 names. Tuyo still verifies identity and the card still settles over Visa, so the provider knows who you are even if, as the creator says, it does not report automatically. Whether the reporting duty applies depends on the entity that issues the card, where it is licensed and what it is legally required to hand over. I would want that in writing before treating a card as outside the system.
Fees and limits
The fee list is short:
| Item | What Tuyo lists |
|---|---|
| Issuing fee | Free |
| Monthly or annual fee | Free |
| Transactions in USD | 0% |
| Daily card limit | $10,000 |
| Supported token | USDC on Base |
No issuing fee, no monthly or annual charge, and no percentage fee on transactions in USD, which is the currency of the stablecoin the card spends. That 0% applies to transactions in USD, so the currency a merchant charges in matters. The daily card limit is $10,000. That ceiling is generous for ordinary spending and small for anyone moving serious sums.
What the video leaves out is who issues the card, what ATM and currency-conversion fees apply, and who holds the funds between a top-up and a payment.
Getting started: verification, limits and paying
The setup is short.
- Create an account and complete identity verification, which the creator says takes under five minutes.
- Choose how much you want to be able to spend each day.
- Add the virtual card to Apple Pay or Google Pay on your phone.
- Pay in a shop, in an app or online as you would with any Visa card.
- Leave the rest of the balance alone: the amount you spend is deducted automatically.
Step 5 is where the product differs from a normal crypto card. The creator describes no manual withdrawal and no moving funds between a savings pot and a spending pot. You keep a balance, it earns while it sits there, and a payment takes what it needs. The creator's summary is that the money works around the clock as long as you do not touch it.
On custody, the creator's position is that Tuyo is not a classic European banking database and that nobody automatically reports your transactions. Identity verification means the provider knows who you are, so the claim is about reporting rather than anonymity. Custody is the question I would settle first, because it decides what happens if the provider freezes an account or goes under.
The 7.31% yield on unspent balances
The feature the creator spends most time on is yield on money you have not spent. The creator reports a personal return of 7.31%. A balance of $403.32 carries an EARN line reading +7.31% APY and +$269.90/y, and the strategies view shows a projected daily yield of +$2.209 at a current APY of 7.31%. APY means annual percentage yield, the yearly rate including compounding.
| Asset | Balance shown in the strategies view |
|---|---|
| EUR | $8.55M |
| ETH | $20.40M |
| BTC | $10.54M |
Those figures say more than the percentage does. The pools hold more than dollar balances: ETH and BTC sit alongside EUR, so the strategy carries exposure to crypto prices and the dollar value of the balance can move with them. A yield near 7% on dollars has to come from somewhere, and whatever the strategy does to earn it carries a risk a bank deposit does not.
The creator acknowledges that other routes exist, including DeFi and earning on a Gnosis card through apps such as Zeal, and argues that the automatic deduction is the difference: no withdrawal, no thinking about it. I think that is a fair description of the user experience and a thin basis for judging the risk. The convenience is real, and it is also the reason you might stop watching the balance.
What I would not do is read 7.31% as a rate the card promises. It is one user's reported figure at one moment, the app labels it APY rather than a fixed rate, and a strategy holding ETH and BTC can lose value as well as earn.
The privacy claim and its limits
The privacy argument is the centre of the case, and it is narrower than the word suggests. The creator's position is that Tuyo does not sit in a classic European banking database, that nobody automatically reports your activity, and that you keep the choice of when and how to declare. Identity verification is still part of signing up and the card still settles over Visa, so the right description is discretion about reporting, not anonymity.
That distinction matters because a card that does not file a report does not remove the obligation underneath. In many countries, spending crypto counts as a disposal: you are treated as having sold the coins at market value on the day, and any gain since you acquired them can be taxable. You need the dates and amounts, plus your cost basis, to work that out. If the platform is not keeping the record for the tax office, the record is yours to keep. A spreadsheet with those columns is enough; the point is to have the numbers before anyone asks for them.
The creator is honest on this point: the responsibility stays with you whether you declare or not. Choosing what to declare is not the same as being free of the obligation, and getting that wrong is a legal problem rather than a privacy setting.
Risks I would weigh
The yield is the risk the marketing hides best. A balance that earns 7.31% while staying spendable sounds like free money, and it is not: the strategies behind it can lose value, the APY can fall, and the assets listed include ETH and BTC.
The card also depends on a phone. With no physical card at the time, a dead battery or a lost phone takes your payment method with it. That is manageable, and it is a difference from a card you can hand to a cashier.
Concentration comes next. One stablecoin on one network, USDC on Base, means a depeg or a network outage hits your ability to spend. Stablecoins are designed to hold a dollar and have broken that peg before.
Regulation is the risk the whole case hangs on. The card's position depends on how it is classified today, and classifications move. A provider can change its entity, its licence or its reporting, and the terms you signed up to are the ones that apply.
The thinnest ground is the evidence. Most of what makes the card attractive comes from one user's account: the fee list and the app figures show what the product displayed in December 2025, and the legal positioning is a claim.
What to check before you sign up
Start with the entity that issues the card and the licence it holds, because that is what decides whether the DAC8 argument holds. Then read the full fee schedule for the items the fee list does not cover, including ATM use and spending in currencies other than the dollar.
Before you leave money in a yield strategy, find out what the strategy does, whether the balance can fall, and how quickly you can get funds out. Treat 7.31% as a reported past figure and ask what happens if it drops to 3% or to zero.
Keep your own records from the first payment: date, amount in crypto, dollar value on the day, and the cost basis of the coins you spent. If you are unsure how your country treats spending, that is a question for a tax adviser rather than a card provider.
Then test it small. A card that spends stablecoins and pays yield is easy to try with a modest balance and a daily limit well under the $10,000 ceiling, and the first month will show you what the yield does when the market moves.
