The post MetaMask Announces Wallet Updates and US Debit Card Release appeared on BitcoinEthereumNews.com.

TLDR MetaMask announced major updates to improve user experience, including smart contract capabilities and batched transactions New ERC-5792 feature will allow users to combine transaction steps, saving time and gas fees MetaMask debit card launching in select US states in mid-March Wallet adding support for Bitcoin and Solana cryptocurrencies Plans to transition from EOA to Contract Account wallet type for better security and recovery options MetaMask, the widely-used self-custodial crypto wallet for the Ethereum network, revealed extensive platform updates on Thursday. The changes focus on improving user experience and expanding the wallet’s capabilities. The update introduces smart contract capabilities to MetaMask’s current wallet structure. This marks a shift from their existing Externally Owned Account (EOA) system. EOA wallets have faced criticism due to their vulnerability to human error. Users who lose their private keys permanently lose access to their crypto holdings. The new Contract Account (CA) system offers enhanced security features. These include recovery mechanisms and additional transaction verification steps. MetaMask’s team announced these changes during ETHDenver, North America’s largest Ethereum conference. They explained the benefits of smart-contract-based accounts in a detailed blog post. The update includes ERC-5792, a feature that enables batched transactions. Users can now combine multiple steps into a single action. This batching system allows users to perform operations like “approve + swap” with one click. The result is reduced time and lower gas fees for users. New Payment Tools MetaMask co-founder Dan Finlay explained that the batching system streamlines the user experience. Users pay a single gas fee for multiple operations, which are processed in one block. The company also announced the expansion of their debit card service to select US states. The launch is scheduled for mid-March 2025. The debit card connects directly to users’ MetaMask wallets. It allows for spending crypto at any location…

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Filed under: News - @ February 28, 2025 2:26 pm