MetaMask Card Expands to U.S., Offering Crypto Spending with Mastercard
- The MetaMask Card is now available to all users in the United States.
- Users can spend their self-custodied crypto funds wherever Mastercard is accepted.
- A premium MetaMask Metal Card offers up to a $199 annual fee, providing up to a 3% cashback on the first $10,000 spent yearly.
- The card was initially piloted in the UK and EU in collaboration with Ethereum software firm Consensys and Mastercard.
- Users need to complete ID verification and compliance checks to participate in the program.
The MetaMask debit card allows U.S. users to make everyday purchases using their crypto balances, maintaining control over their assets until purchase time. The rollout follows a successful pilot in Europe, indicating strong user adoption of crypto payments as part of daily routines.
With features like no foreign transaction fees and higher spending limits for premium holders, MetaMask aims for its card to seamlessly integrate into users’ financial activities across the U.S., expanding its utility beyond traditional stablecoin transactions. Source
