MetaMask and Mastercard Roll Out Self-Custodial Crypto Payment Card in US With Onchain Cashback

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MetaMask is expanding further into everyday payments through a new partnership with Mastercard, launching a crypto-linked payment card for users in the US. The collaboration marks another step in bridging digital assets and traditional finance, as wallet providers look to make crypto spending more practical at the point of sale.

The card is being introduced by Consensys, the company behind the widely used MetaMask wallet. Unlike many existing crypto debit cards that operate on a custodial basis and require customers to preload funds onto an exchange, the MetaMask Card is designed to be fully self-custodial. According to Consensys, users maintain control of their digital assets within their MetaMask wallet right up until the moment a transaction is executed.

The new US offering mirrors versions already rolled out in the UK and the EU. It is powered by Baanx, now operating under the name Monavate, and can be used anywhere Mastercard is accepted.

The card is also compatible with Apple Pay and Google Pay, enabling both physical and digital wallet transactions across millions of merchants worldwide.