MetaMask partners with Mastercard to launch the MetaMask Card in the United States

ETH2,05%
USDC-0,02%

Foresight News reports that MetaMask has partnered with Mastercard to launch the MetaMask Card in the United States, making its debut in New York. The MetaMask Card is developed jointly by payment giant Mastercard and cryptocurrency payment provider Baanx. MetaMask states that the card is now available for use anywhere Mastercard is accepted, including digital wallets like Apple Pay and Google Pay.

Starting August 2024, MetaMask will conduct a limited rollout of its blockchain-based debit card to thousands of users in the EU and the UK, allowing users to spend USDC, USDT, and wETH stored on Linea (an Ethereum-based layer 2 network developed by MetaMask’s parent company, ConsenSys). The pilot project in the U.S. is set to launch in December 2024.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

OpenEden yield-bearing stablecoin USDO integrates FalconX, supporting institutional collateralization and liquidity financing

Digital asset prime broker FalconX announces support for OpenEden's yield-bearing stablecoin OpenDollar (USDO), which is fully collateralized by short-term U.S. Treasury bonds and regulated. Institutional clients can use USDO to earn yields and as collateral for lending transactions, enhancing capital efficiency.

GateNews10m ago

Citibank promotes "Bitcoin Banking": Striving to launch "Institutional-Grade Custody" and "Cross-Asset Collateral" services this year

Citigroup is pushing for the banking of Bitcoin, planning to deeply integrate it into the traditional financial system, with institutional-grade crypto custody services expected to launch in 2026. By simplifying Bitcoin transaction processes and reducing operational friction, Citigroup aims to attract more institutions to adopt digital assets further. Additionally, the bank is exploring the applications of stablecoins and blockchain deposit tokens, hoping to provide traditional financial institutions with more convenient ways to utilize capital.

区块客20m ago

BitGo will provide infrastructure support for the stablecoin SoFiUSD and will expand institutional distribution.

BitGo's BitGo Bank & Trust has been selected to provide stablecoin infrastructure services for SoFiUSD, supporting its USD stablecoin issued on public blockchains. This partnership will leverage BitGo's "Stablecoin-as-a-Service" platform to provide technical and operational support for SoFiUSD.

GateNews52m ago

METYA Partners With Kult Games to Expand Web3 Gaming Ecosystem

METYA and Kult Games have partnered to enhance Web3 gaming by creating an inclusive hub for diverse titles, fostering player engagement and shared rewards, highlighted by the Warzone.Somi giveaway. This collaboration aims to redefine community interactions in blockchain gaming.

BlockChainReporter1h ago

Tether Investment Fund Management and Settlement Infrastructure System

Odaily Planet Daily reports that stablecoin issuer Tether has announced an investment in funds management and settlement infrastructure Axiym. The specific amount has not been disclosed. The goal is to build a globally distributed funds settlement infrastructure within a regulated payment ecosystem, thereby supporting embedded financial services, including postpaid settlement solutions such as (PNSL), as well as native integration of USD cash flow. This will enable the expansion of USD liquidity in a scalable, compliant manner that aligns with the actual operation of cross-border payments.

GateNews1h ago
Comment
0/400
No comments