The MetaMask card allows you to spend cryptocurrencies anywhere Mastercard is accepted.
by MetaMask, December 11, 2024
MetaMask, Mastercard, and Baanx (Crypto Life) have launched the pilot project for the MetaMask card, which allows you to make everyday purchases with your cryptocurrencies anywhere Mastercard is accepted. The MetaMask card operates as a cryptocurrency debit card, allowing you to spend directly from your MetaMask wallet.
The MetaMask card pilot is currently available in the EU, the UK, Brazil, Mexico, and Colombia. To get started, head to MetaMask Portfolio and click on the Card tab. Eligible users will be redirected to the Crypto Life platform to set up their account and card.
“The MetaMask card pilot project offers individuals more freedom to spend cryptocurrencies,” says Lorenzo Santos, Senior Product Manager at Consensys. “The MetaMask card represents a significant step towards eliminating the friction that has traditionally existed between blockchain and real-world commerce. It’s a paradigm shift that offers the best of both worlds.”
Simon Jones, Commercial Director of Baanx, comments: "We are excited to partner with the leading web3 wallet, MetaMask, to drive the financial revolution by enabling users to be their own bank."
Accelerating cryptocurrency adoption by removing barriers to spending
In the past, transitioning from cryptocurrencies to cash was complicated and required many steps. This tedious process hindered the widespread adoption of cryptocurrencies as a practical and real payment method. The MetaMask Card eliminates the need to transfer your funds to a centralized exchange or bank to spend your cryptocurrencies. This not only paves the way for greater adoption but also aligns with MetaMask's vision of empowering people with self-custody.
Most traditional crypto cards work similarly to prepaid cards, where you need to transfer funds to a third party before spending them. The MetaMask card works like a debit card. This means that cardholders can directly use the cryptocurrencies in their MetaMask wallet for everyday purchases and maintain control over their funds until the exact moment of payment. The MetaMask card utilizes Mastercard's global commercial network, combined with MetaMask's security and Linea's efficiency secured by the Ethereum network. This trio provides a fast, cost-effective, and secure spending experience, whether online or for in-store purchases.
Global expansion of the MetaMask card
Get your MetaMask card today and start using it immediately through digital wallet integrations with Apple Pay or Google Pay. Note: Eligible currencies include USDC, USDT, and WETH on the Linea network. If you are outside of the EU, the UK, Brazil, Mexico, and Colombia, we haven't forgotten you. The MetaMask card pilot will roll out globally in the coming months.
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