

MetaMask Card: The World's First Mastercard Debit Card That Enables Instant Spending Directly from a Self-Custody Wallet
Aug 15, 2024 pm 09:16 PMIn a tweet, MetaMask introduced the MetaMask Card, the world's first Mastercard debit card that enables instant spending directly from a self-custody wallet.
Cryptocurrency wallet MetaMask has announced the launch of the MetaMask Card, a Mastercard debit card that allows users to spend cryptocurrency directly from their self-custody wallets.
The card, which is being introduced in collaboration with Mastercard and Baanx Group, is designed to bridge the gap between crypto and everyday life. It will enable users to make purchases directly from their wallets, with their cryptocurrency being automatically converted to fiat currency, such as euros or pounds, at the time of payment. This will allow them to spend their crypto at any merchant that accepts Mastercard, including online, in-store, and through popular payment options like Apple Pay and Google Wallet.
“This card is particularly intriguing because it aligns with the crypto ethos’s key ideals of self-custody and decentralization, as users have complete control over their assets until the moment of the transaction,” the announcement reads.
The cooperation takes advantage of each participant’s strengths. Mastercard delivers its extensive network and global reach, ensuring that the MetaMask Card can be used wherever that Mastercard is accepted. MetaMask adds its well-established security methods to make transactions as secure as they are convenient.
Baanx, a company known for its competence in technology and card systems, offers another degree of trustworthiness.
The inclusion of the Linea network, which runs on Ethereum, improves transaction speed and cost-efficiency, making the card a compelling alternative for crypto consumers searching for seamless, everyday use of their digital assets.
The MetaMask Card will be available initially to a limited number of users in the European Union and the United Kingdom. These users will be among the first to benefit from the simplicity of spending cryptocurrency directly from their MetaMask wallet in real-world circumstances where Mastercard is accepted. This limited release is most likely intended to gather feedback and confirm that the system runs properly before a wider rollout.
On the other hand, as we previously reported, MetaMask has been active in assisting the larger crypto community. MetaMask recently donated $150,000 to help continue the development of MetaMask Snap, which includes Shielded ZEC and improves user privacy features.
Moreover, MetaMask’s integration with Hedera’s Wallet Snap has expanded the options available to developers. This version adds Hedera’s token and smart contract services to the MetaMask ecosystem, enabling the integration of Hedera’s high-speed, low-fee platform for improved asset management capabilities.
The above is the detailed content of MetaMask Card: The World's First Mastercard Debit Card That Enables Instant Spending Directly from a Self-Custody Wallet. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undress AI Tool
Undress images for free

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Contents 1. What is ICN? 2. ICNT latest updates 3. Comparison and economic model between ICN and other DePIN projects and economic models 4. Conclusion of the next stage of the DePIN track At the end of May, ICN (ImpossibleCloudNetwork) @ICN_Protocol announced that it had received strategic investment in NGPCapital with a valuation of US$470 million. Many people's first reaction was: "Has Xiaomi invested in Web3?" Although this was not Lei Jun's direct move, the one who had bet on Xiaomi, Helium, and WorkFusion

Currency circle contract trading is a derivative trading method that uses a small amount of funds to control assets with larger value. It allows traders to speculate on the price trends of crypto assets without actually owning them. Entering the contract market requires understanding its basic operations and related concepts.

Dogecoin has gone through multiple price stages and key nodes from 2015 to 2025. 1) The average price in 2021 is US$0.20, with a maximum of US$0.73, a historical high; 2) The average price in 2022 is US$0.08, continuing the bear market; 3) The average price in 2020 is US$0.0026, and the year-end rises and starts a bull market; 4) The average price in 2023 is US$0.063, and the whole year is fluctuating and adjusting; 5) The average price in 2017 is US$0.002, and the year-end rises to US$0.017; 6) The average price in 2018 is US$0.003, which falls throughout the year; 7) The average price in 2019 is US$0.0025, which is consolidated at a low level; 8) The average price in 2015 is US$0.00015, and the transaction is deserted; 9) The average price in 2024 is US$0.084, which is low

Bitcoin contract trading attracts numerous participants, which provides opportunities to leverage for potentially high returns. However, the inherent risk of contract trading lies in forced closing of positions, commonly known as "losing of positions". A liquidation means that the trader's position is forced to close due to the loss of margin, which often loses most or even all of the initial margin. Understanding how to set up a liquidation warning and mastering skills to avoid forced liquidation is crucial to managing contract trading risks.

The latest official version of the virtual currency trading platform v6.129.0 is a professional and secure digital asset trading application created for Android users. It provides rich market conditions, convenient trading functions and multiple security protection, and is committed to providing users with a first-class trading experience.

Recently, the total market value of the cryptocurrency market has exceeded US$3 trillion, arousing widespread attention and optimism. Such a scale shows that digital assets are gradually being recognized by more investors and institutions, and the market popularity continues to rise.

The Virtual Currency Exchange APP is a professional digital asset trading application, providing users with safe and convenient digital currency trading services. The new v6.129.0 version has upgraded the performance and operation experience, aiming to bring a smoother trading experience.

There is no legal virtual currency platform in mainland China. 1. According to the notice issued by the People's Bank of China and other departments, all business activities related to virtual currency in the country are illegal; 2. Users should pay attention to the compliance and reliability of the platform, such as holding a mainstream national regulatory license, having a strong security technology and risk control system, an open and transparent operation history, a clear asset reserve certificate and a good market reputation; 3. The relationship between the user and the platform is between the service provider and the user, and based on the user agreement, it clarifies the rights and obligations of both parties, fee standards, risk warnings, account management and dispute resolution methods; 4. The platform mainly plays the role of a transaction matcher, asset custodian and information service provider, and does not assume investment responsibilities; 5. Be sure to read the user agreement carefully before using the platform to enhance yourself