Interlink Network V5.0 Delayed for Security, Rolls Out Visa Card Ahead of Mainnet

Interlink Network V5.0 Delayed for Security, Rolls Out Visa Card Ahead of Mainnet

N
News Editor 01
2026-07-22 22:10:14
Interlink Network has postponed the V5.0 launch, citing security and scalability concerns rather than technical bugs. Meanwhile, the team is moving forward with an Interlink Visa virtual card supporting USDT, USDC, and ETH payments.
Interlink NetworkV5.0ITL tokenVisa cardKYC

Interlink Network's latest update has shifted the release timeline for Version 5.0, originally expected this week. The development team made it clear: the delay is not due to bugs or errors. Instead, they are taking extra time to ensure the system is "ready at scale." With millions of active users waiting to log in, security and stability have taken priority over a rushed deadline.

Why V5.0 Is Pushed Back: What the Team Says

Rumors of technical failure were quickly dismissed. The real reason lies in infrastructure-level security hardening. Once deployed, V5.0 transforms the existing mining app into a fully functional blockchain economy — what the team calls the "foundation phase." It must handle massive Proof of Personhood verification to keep bots out and serve 4 million active users without crashing. Every extra hour is spent building a robust backbone.

What V5.0 Brings: From Mining App to Blockchain Economy

This is not a routine patch. V5.0 introduces KYC verification to ensure fair mining rewards, the $ITL token launch and migration, staking rewards for holders, and OTC trading for direct asset swaps. Together, these modules turn simple mining into a closed-loop economic system.

$INTL Migration: KYC First, On-Chain Swap

Migration is a core piece. Users currently earn $ITLG tokens as early rewards, but only KYC-verified $ITLG can convert to official $ITL tokens, which then become stakeable. CoinSwitch data shows the $ITLG token on Solana at roughly $0.000034 (₹0.002827), though this figure is unconfirmed by major trackers. Market cap sits around $36,000, with 24-hour trading volume up nearly 3%, hinting at early activity ahead of the official migration.

Visa Card Goes Live First: Virtual Card Supports USDT, USDC, ETH

Despite the V5.0 delay, commercial momentum continues. The Interlink Visa virtual card will launch inside the ITLX Super Wallet, initially supporting USDT, USDC, and Ethereum at over 50 million merchants worldwide. The long-term goal: direct $INTL payments for daily purchases across 170+ countries.

No specific new date for V5.0 has been announced. The team's stance: "When it launches, it launches ready." For token holders, the wait is positioned as a necessary security layer. Next up: turning a simple mining app into a global, human-powered economy.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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