MetaMask, one of the world’s most popular Web3 wallets, is set to expand its services by launching a self-custody crypto card, powered by Mastercard and fintech company Baanx. The new card aims to bridge traditional finance and decentralized assets, offering crypto users greater flexibility and control over their funds.
Key Features of the MetaMask Crypto Card
- Self-Custody Focus:
The MetaMask card will allow users to spend their cryptocurrencies directly from a self-custody wallet, meaning users maintain full ownership and control over their assets without relying on centralized intermediaries. - Powered by Mastercard:
Integration with Mastercard’s global payment network means that users will be able to spend their crypto holdings at millions of merchants worldwide, just like any traditional debit or credit card. - Baanx Technology:
Baanx will provide the underlying payment technology, handling crypto-to-fiat conversion at the point of sale to ensure seamless transactions while maintaining the user’s connection to decentralized finance (DeFi). - Multi-Asset Support:
The card will initially support multiple cryptocurrencies, although specific tokens have not yet been disclosed. Users will likely have the ability to choose which asset to use for payments. - Regulatory Compliance:
The card will comply with necessary regulatory frameworks, helping MetaMask users interact with traditional financial systems without compromising on security or custody principles.
Why This Launch Matters
This new offering from MetaMask marks a major step in the maturation of crypto payments. By integrating self-custody features with one of the world’s largest payment networks, MetaMask, Mastercard, and Baanx are helping to make crypto spending more practical, user-friendly, and mainstream.
The move also highlights a broader industry trend: increased collaboration between major traditional finance players and decentralized platforms. As regulatory clarity improves and consumer demand grows, initiatives like this could set new standards for how crypto assets are used in everyday life.
When Will It Be Available?
While MetaMask has not announced an official launch date yet, the program will initially roll out in the United Kingdom and European Economic Area (EEA) countries. A U.S. launch is also reportedly being planned for a later phase.
Interested users can sign up for early access through MetaMask’s official channels, with priority given to those on the waitlist.
Conclusion
MetaMask’s new self-custody crypto card, developed with Mastercard and Baanx, represents a major leap forward for crypto adoption. It empowers users to maintain full control over their assets while accessing the convenience of traditional payment networks — a true fusion of DeFi and everyday finance.
As the card launches later this year, it could redefine how crypto holders interact with the real world, offering a glimpse into a future where decentralized finance meets global commerce.