The wallet provider Metamask is launching a crypto payment card that will allow users to spend self funds, offering crypto holders additional ways to use their tokens.
The new card is supported by Mastercard and developed in collaboration with Composecure and Baanx, according to the company. The product uses smart contracts to perform IRL transactions (in real life), with processing speeds in under five seconds. It operates on the Linea Network, a layer-2 scaling solution to Ethereum.
The companies that -Market The self-customied crypto card as an alternative to the potential risks associated with centralized exchanges. In February, the second largest crypto exchange by volume, bybit, was hacked by $ 1.4 billion, an event that led to extensive conspiracy in the crypto space.
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With its card launch, metamask enters a competitive segment of the cryptocurrency market. Basic exchanges such as Binance, Bybit, Coinbase, and Crypto.com offer crypto debit cards, some of which feature “crypto-back” rewards that allow users to earn digital belongings to their purchases.
Metamask struggles only -only in interest in and participating in the Ethereum ecosystem is dry. According to In Dune Analytics, the purse collected only $ 289,312 on fees for the Sunday of April 14, less than $ 1.3 million in fees collected for the same period a year ago.
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Payments have emerged as one of the fastest growing cases of use for cryptocurrencies in 2025, offering a way to bring real-world utility to digital assets.
Early brands like Dorsia have begun receiving various cryptocurrencies as payment, while the Messaging App signal has been reported to have explored Bitcoin's adoption for peer-to-peer transactions, and a New York bill has been introduced to legalize the use of bitcoin and other cryptocurrencies for state payments.
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