MetaMask Launches Crypto Payment Card Powered by Mastercard for Faster Transactions

MetaMask is venturing into the world of cryptocurrency payments with a new metal payment card, backed by Mastercard. The innovative card, created in collaboration with CompoSecure and Baanx, enables users to spend crypto directly from their MetaMask wallets, providing an alternative to centralized exchanges. Unlike previous crypto cards, this card supports real-life transactions through smart contracts on the Linea network, a layer-2 solution for Ethereum that boosts speed and cost efficiency. This new card is expected to enhance security for cryptocurrency holders amidst recent high-profile hacks like Bybit’s $1.4 billion loss in February.