The Wallet Metamask supplier is launching a cryptographic payment card which will allow users to spend self-based funds, providing crypto holders in the way to use their tokens.
The new card is supported by Mastercard and is developed in partnership with Composecure and Baanx, according to the company. The product uses intelligent contracts to execute IRL transactions (in real life), with treatment speed in less than five seconds. It works on the Linea network, a layer 2 layout solution on Ethereum.
Companies have marketed the Crypto Auto-Dératie card as an alternative to the potential risks associated with centralized exchanges. In February, the second largest exchange of crypto per volume, Bibit, was hacked for $ 1.4 billion, an event which aroused generalized consternation in cryptographic space.
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With the launch of his card, Metamask enters a competitive segment of the cryptocurrency market. Major exchanges such as Binance, Bybit, Coinbase and Crypto.com already offer Crypto debit cards, some of which offer “crypto-back” rewards which allow users to win digital assets on their purchases.
Metamask had difficulties recently when interest and participation in the Ethereum ecosystem dried up. According to Dune Analytics, the portfolio collected only $ 289,312 in costs for the week of April 14, much less than the costs of 1.3 million dollars collected for the same period a year ago.
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Payments have become one of the fastest growth in use cases for cryptocurrencies in 2025, offering a means of bringing a real public service to digital assets.
Luxury brands like Dorsia began to accept various cryptocurrencies as payment, while the messaging application signal would explore the adoption of bitcoin for peer transactions, and an invoice in New York was presented to legalize the use of Bitcoin and other cryptocurrencies for state payments.
Magazine: Bitcoin payments are compromised by centralized floors
