August 14, 2024
ConsenSys News - August 15, 2024
MetaMask, in collaboration with Mastercard and Baanx, has launched a new debit card that allows users to spend cryptocurrency directly from their MetaMask wallets. Initially available in the EU and UK, the card aims to bridge the gap between blockchain and traditional payment systems. Learn more about this innovative financial tool and its potential impact.
() Introduction
() MetaMask and Mastercard Launch New Crypto-to-Fiat Debit Card
MetaMask, in collaboration with Mastercard and Baanx, has announced the launch of the MetaMask Card, a new debit card enabling users to spend cryptocurrency directly from their MetaMask wallets for everyday purchases. The card supports USDC, USDT, and WETH via the Linea network and aims to simplify crypto transactions. Initially available in a pilot phase for a few thousand users in the EU and UK, the card is expected to fully roll out in these regions later this year, with plans to expand to additional regions in the future. The initiative seeks to bridge the gap between blockchain and traditional payment systems, enhancing transaction security and financial accessibility, particularly in areas with significant unbanked populations.
