New MetaMask Debit Card to Roll Out in Europe and UK

MetaMask, a leading self-custodial wallet for Ethereum, is debuting a new blockchain-based debit card in partnership with Mastercard and Baanx.

This MetaMask Card will first be available in a pilot program featuring a few thousand digital-only cards for users in the EU and the UK. A broader rollout is expected later this year, with plans to expand into additional regions in the following quarters.

This move highlights the increasing overlap between traditional finance and blockchain technology. As institutions begin to tokenize conventional assets and financial giants explore blockchain integration, MetaMask’s initiative represents a significant step forward.

Mastercard has been working with Baanx on web3 payment solutions, while Visa has teamed up with Circle’s USDC and the Solana network to enhance cross-border transactions.

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The MetaMask Card functions similarly to a traditional debit card but allows direct spending from digital assets stored in MetaMask’s wallet.

It supports transactions using USDC, USDT, and wETH on the Linea blockchain, an Ethereum layer-2 network developed by ConsenSys.

Alexander Stefanov