Metamask Expands Crypto Card Services to 13 New Latam Countries
- Metamask has extended its Mastercard debit card service to include Chile, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Guyana, Nicaragua, Panama, Paraguay, Peru, Suriname, and Uruguay.
- Users receive a 1% cashback in mUSD on each transaction made with the card.
- Utexo data indicates that crypto card usage has increased by a factor of 2.7 times.
- The Metamask card allows for automatic conversion of crypto funds to local currency at the point of purchase.
- Gal Eldar aims to integrate Metamask cards into daily global transactions following its U.S. launch in February.
Metamask’s expansion into Latin America reflects the growing mainstream adoption of crypto cards as a preferred payment method. This move is part of a broader strategy to make cryptocurrency spending more accessible and seamless worldwide.
With the addition of these new countries and significant growth in usage reported by Utexo, Metamask is positioning itself as a leader in the crypto card market by offering innovative features like instant conversion and cashback rewards. (Source)
