With Mastercard, MetaMask Tests First Blockchain-Powered Payment Card
Summary
MetaMask, a cryptocurrency wallet for the Ethereum blockchain, is testing a Mastercard-branded payment card. The card would combine the capabilities of MetaMask, which has over 30 million monthly active users, and Mastercard's global credit and debit card network. The card is touted as the first truly decentralized web3 payment solution, enabling users to spend their crypto on everyday purchases. Mastercard has been collaborating with public blockchain developer communities and self-custody wallet providers, including Ledger and MetaMask. Concurrently, Visa has been working with the USDC stablecoin and the Solana blockchain on cross-border payments and Ethereum gas fee solutions.
