The post MetaMask Launches Game-Changing Debit Card for Direct Crypto Spending appeared on BitcoinEthereumNews.com.

MetaMask Card enables direct crypto spending via Mastercard, streamlining transactions. Initial rollout is limited to the EU and UK, with plans for broader global expansion. MetaMask, a widely used Ethereum wallet and gateway to the decentralized web bridges the gap between blockchain technology and daily transactions. Is now teaming up with Mastercard and Baanx to launch the MetaMask Card, the first-ever debit card which enables users to spend cryptocurrency directly from their MetaMask wallets. This trial, which is live to a small set of users in the EU and UK, marks a significant step forward in the integration of blockchain technology into everyday commerce. “MetaMask Card removes barriers between blockchain and real-world spending, offering users greater freedom with their cryptocurrency,” emphasizes Consensys’ Lorenzo Santos, Senior Product Manager. MetaMask Card Streamlines Crypto Spending Traditionally, spending crypto involves multiple steps like transferring cash to an exchange, moving it to a bank, and finally making transactions. The MetaMask Card simplifies this by acting as a debit card, allowing for direct transactions using the digital currency stored in the MetaMask wallet. The unique solution eliminates the need for intermediaries, increasing accessibility and encouraging greater usage of cryptocurrencies. The card supports USDC, USDT, and WETH on the Linea blockchain and is suitable with Apple Pay and Google Pay for seamless transactions. Looking ahead, the current test version is limited to a few thousand users in the EU and the UK, but MetaMask intends to make the card available globally. Users can determine their eligibility using the MetaMask Portfolio app. Stay tuned for details on upcoming rollouts and new features.   Source: https://www.livebitcoinnews.com/metamask-launches-game-changing-debit-card-for-direct-crypto-spending/

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Filed under: News - @ August 14, 2024 9:23 pm