MetaMask Card Launches Nationwide in US

Consensys, the developer behind the popular MetaMask cryptocurrency wallet, announced the nationwide launch of its Mastercard-enabled MetaMask Card on Thursday, making the self-custodial payment product available across all 50 U.S. states for the first time, including New York.

The card allows users to spend digital assets held in their MetaMask wallets at any of the 150 million merchants worldwide that accept Mastercard, bridging the gap between cryptocurrency holdings and everyday purchases. Unlike traditional crypto debit cards that require users to preload funds onto an exchange, the MetaMask Card maintains full self-custody of assets until the moment of transaction. When a purchase is made, the system converts the necessary amount from the user's wallet to fiat currency seamlessly, enabling payments in stores, online, or via contactless options like Apple Pay and Google Pay.

The program offers two tiers. The standard virtual card, available immediately at no cost, provides up to 1 percent cashback in mUSD, MetaMask's Ethereum-based stablecoin reward token. For users seeking premium features, the MetaMask Metal Card is available for preorder at an annual subscription fee of...