MetaMask and Mastercard have launched the MetaMask Card in the United States for spending self-custoded crypto, now live nationwide including New York. The card will be accepted at more than 150 million merchants and offers up to 3% in on-chain rewards. It connects users’ self-custodied digital assets directly to a regulated payment network, allowing funds to stay in the MetaMask wallet until the point of purchase. It can be used anywhere Mastercard is accepted, including online, in-store, and through Apple Pay and Google Pay, making cryptocurrency payments as simple as regular card transactions.
As part of the launch, MetaMask is also introducing the premium MetaMask Metal Card, which costs $199 per year and provides an upgraded physical card experience as well as additional awards and advantages linked to its digital wallet ecosystem. Gal Eldar, Product Lead at MetaMask, said, “We designed MetaMask Card to make crypto disappear. Not go away, but become so seamlessly woven into daily life that the line between onchain and offchain fades away entirely.” The MetaMask Card will be accepted at over 150 million retailer locations worldwide, including both online and in-store. The major feature is that the cardholders can earn crypto rewards, with basic users receiving up to 1% back in mUSD and metal cardholders receiving 3% back, mainly on the first $10,000 spent per year.
This move is another step toward mainstream cryptocurrency adoption, as MetaMask and Mastercard aim to make digital asset spending as simple as swiping a standard bank card. It signals a broader push to seamlessly integrate on-chain assets into daily financial workflows.
Leave a Reply