MetaMask has launched a debit card that connects directly to users' self-custodial wallets, letting them spend crypto at any merchant that accepts Mastercard. Built in partnership with Mastercard and Baanx, the card is now live across the US, with availability in Argentina, Brazil, Canada, Colombia, Europe, Mexico, Switzerland, and the UK.

How It Works

Unlike most crypto cards that require preloading funds into a custodial account, the MetaMask Card keeps assets in the user's own wallet until the exact moment of purchase. At point of sale, the crypto is converted and the payment settles over the Mastercard network. The card works with Apple Pay and Google Pay for contactless transactions.

Cross River Bank issues the card in the US, with Monavate handling operational infrastructure.

Rewards Tiers

Standard cardholders earn up to 1% cashback in mUSD on purchases. A premium Metal Card option ($199/year) bumps that to 3% on the first $10,000 spent annually, with zero foreign transaction fees and a stainless steel physical card.

Why It Matters

Self-custodial spending has been a missing piece in crypto's push toward everyday usability. Most existing solutions require users to give up control of their funds to a third party before spending. MetaMask's approach - keeping funds in-wallet until the transaction - is a meaningful step toward "not your keys, not your coins" actually working at the point of sale.

Source: MetaMask Official Announcement