- Solution for everyday crypto payments
- Benefits and supported currencies
- Step into the future of payment systems
MetaMask, in partnership with Mastercard and Baanx, recently announced the launch of the MetaMask Card. This innovative debit card allows users to spend their cryptocurrencies directly from their MetaMask wallet.
Solution for everyday crypto payments
Traditionally, making payments in cryptocurrency for everyday purchases involves several steps: transferring the crypto to an exchange, converting it to fiat currency, and then transferring those funds to a traditional bank account. The MetaMask Card simplifies this process by allowing users to spend their cryptocurrencies directly on any purchase accepted by Mastercard. This means users can use their crypto to pay for groceries, online shopping, and much more.
Benefits and supported currencies
The MetaMask Card supports spending in USDC, USDT, and WETH via the Linea network. It offers key benefits such as security and fast transaction speeds. Linea-powered transactions are processed quickly, and users retain control of their crypto assets through their self-custody MetaMask wallet until the transactions are completed.
Step into the future of payment systems
The MetaMask Card is currently in a pilot phase with a limited number of digital cards available for users in the EU and the UK, with plans to expand to other regions in the coming months. This initiative represents a significant step towards bridging the gap between Web2 and Web3 ecosystems, offering users more freedom to spend their crypto assets.
The MetaMask Card marks a turning point in the use of cryptocurrencies for everyday spending. By simplifying the payment process and offering enhanced security, this card could very well become an essential tool for crypto users worldwide.
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