2024

USDC

Linea

Baanx

<p class="is-style-lead">MetaMask is piloting a new payment debit card that allows users to spend crypto directly from their MetaMask wallets.&nbsp;</p> 
<p>The card, currently in a limited pilot phase in the EU and UK, is available to a select group of users. The <a href="https://crypto.news/tag/metamask/" data-type="link" data-id="https://crypto.news/tag/metamask/" target="_blank" rel="noreferrer noopener">MetaMask</a> card supports transactions using USDC (<a href="https://crypto.news/price/usd-coin/" data-type="link" data-id="https://crypto.news/price/usd-coin/" target="_blank" rel="noreferrer noopener">USDC</a>), Tether (<a href="https://crypto.news/price/tether/" data-type="link" data-id="https://crypto.news/price/tether/">USDT</a>), and WETH, all held on the Linea network, an Ethereum layer-2 solution developed by <a href="https://crypto.news/tag/Consensys/" target="_blank" data-type="link" data-id="https://crypto.news/tag/Consensys/" rel="noreferrer noopener">Consensys</a>.</p> 
<p>The MetaMask Card is designed to function like a traditional <a href="https://crypto.news/tag/debit-card/" data-type="link" data-id="https://crypto.news/tag/debit-card/" target="_blank" rel="noreferrer noopener">debit card</a>, offering users the ability 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 crypto is instantly converted to fiat for the transaction.</p> 
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   <p lang="en" dir="ltr">We’re proud to announce we've partnered with <a href="https://twitter.com/MetaMask?ref_src=twsrc%5Etfw" target="_blank" rel="">@MetaMask</a> and <a href="https://twitter.com/Mastercard?ref_src=twsrc%5Etfw" target="_blank" rel="">@Mastercard</a>.<br><br>Together, we're piloting the world’s first Mastercard debit card that allows you to spend crypto directly from your MetaMask wallet! <br><br>Now available to a limited set of users in the EU and UK.<br><br>Seamless,… <a href="https://t.co/6qExeD0FGj" target="_blank" rel="">pic.twitter.com/6qExeD0FGj</a></p>— Baanx Group (@BaanxGroup) <a href="https://twitter.com/BaanxGroup/status/1823704105442775277?ref_src=twsrc%5Etfw" target="_blank" rel="">August 14, 2024</a>
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<p>MetaMask is pursuing this initiative in hopes of reducing the friction that has traditionally existed between the blockchain and real-world commerce.</p> 
<p>The pilot phase will be expanded later this year, with plans to roll out the card to additional regions.&nbsp;</p> 
<p> You might also like: <a href="https://crypto.news/goldman-sachs-reveals-418m-bet-on-bitcoin-etfs/"> Goldman Sachs reveals $418m bet on Bitcoin ETFs </a> </p> 
<h2 class="wp-block-heading" id="mastercard-crypto-card">Mastercard crypto card</h2> 
<p>The card leverages Mastercard’s extensive global merchant network, providing users with the ability to make purchases anywhere <a href="https://crypto.news/tag/Mastercard/" data-type="link" data-id="https://crypto.news/tag/Mastercard/" target="_blank" rel="noreferrer noopener">Mastercard</a> is accepted, both online and in-store. This launch represents an advancement in integrating blockchain technology with traditional financial systems, making it easier for users to utilize their crypto assets in everyday scenarios.</p> 
<p>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.&nbsp;</p> 
<p> You might also like: <a href="https://crypto.news/tether-commits-3m-to-expand-usdt-in-the-middle-east/"> Tether commits $3m to expand USDT in the Middle East </a> </p>

MetaMask announces crypto debit card, partnership with Mastercard and Baanx

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