MetaMask and Transak have announced a further strengthening of their partnership, providing users with the ability to conduct transactions with stablecoins directly within the app.
Key Changes in MetaMask
MetaMask has become the sole provider of stablecoin onramping in the 'Deposit' section. Users in the US and EU can now purchase MetaMask USD (mUSD) and other stablecoins like USDC and USDT at almost 1 to 1 rates.
Benefits of Using Stablecoins
This integration allows users to make purchases via convenient mechanisms such as SEPA, wire transfers, ACH, Visa, MasterCard, Apple Pay, and Google Pay. In the future, users will be able to use named IBANs to receive funds directly into their MetaMask accounts.
The Future of Financial Services with MetaMask
MetaMask services are gradually evolving into a universal financial services platform. Sami Start, Co-Founder and CEO of Transak, noted that new features will allow users not only to trade but also manage their finances with stablecoins. This will enhance the accessibility of financial services in the market.
With the strengthening partnership between MetaMask and Transak, users gain new opportunities for using stablecoins, significantly simplifying access to financial services within the crypto ecosystem.
