Yahya 
MetaMask has partnered with Mastercard to launch a new crypto-backed bank card in Europe, aimed at making cryptocurrencies more widely used in everyday life.
Details of the Collaboration
This new bank card is a payment solution that allows MetaMask’s cryptocurrencies to be used directly for daily shopping. Thanks to the technology provided by Baanx and Mastercard’s global network, users will be able to spend their cryptocurrencies without the need to convert them into fiat money (such as TRY, USD, EUR).
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MetaMask announced that with this card, users will be able to easily spend their cryptocurrencies in online and physical stores. The card ensures the instant conversion of cryptocurrencies into fiat money during purchases, making transactions smooth and effortless.
Technical Features of the Card and Future Plans
The new MetaMask card operates on the Linea network and supports popular cryptocurrencies like USDC, USDT, and WETH. In the initial phase, the card will be offered in digital format to a limited number of users in the United Kingdom and Europe. However, Consensys plans to expand this service to a broader user base in the future and add new features.
Lorenzo Santos, a senior product manager at Consensys, emphasized that this card is a significant step towards eliminating the friction between blockchain technology and traditional payment systems. Santos stated, “The MetaMask Card is a paradigm shift that brings together the best aspects of both the blockchain world and the traditional financial world.”
This new card has the potential to promote wider adoption of cryptocurrencies by a broader user base and facilitate the more common use of digital currencies in everyday life. With this card, MetaMask is opening the doors to a new era in the crypto world.
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