MetaMask is introducing a new payment debit card that enables users to spend cryptocurrency directly from their MetaMask wallets. Currently in a limited pilot phase in the EU and UK, the card is available to a select group of users. The MetaMask card supports transactions using USDC, Tether, and WETH, all held on the Linea network, an Ethereum layer-2 solution developed by Consensys.
The MetaMask Card functions like a traditional debit card, allowing users to spend without pre-loading funds onto a third-party platform. Users maintain control over their assets until the moment of purchase, at which point the cryptocurrency is instantly converted to fiat for the transaction.
Weβre proud to announce we’ve partnered with MetaMask and Mastercard to pilot the worldβs first Mastercard debit card that allows you to spend crypto directly from your MetaMask wallet! Now available to a limited set of users in the EU and UK.
MetaMask aims to reduce the friction traditionally associated with blockchain and real-world commerce through this initiative. The pilot phase will be expanded later this year, with plans to roll out the card to additional regions.
The card leverages Mastercardβs extensive global merchant network, enabling users to make purchases anywhere Mastercard is accepted, both online and in-store. This launch represents a significant step in integrating blockchain technology with traditional financial systems, making it easier for users to utilize their crypto assets in everyday scenarios.
MetaMask, known for its popular self-custodial wallet, is positioning this card as a bridge between the Web3 and Web2 ecosystems, offering a practical solution for crypto holders who wish to spend their assets more freely.
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