MetaMask Rolls Out Crypto Card with Mastercard
MetaMask is set to launch a crypto payments card that enables users to spend self-custodied funds, giving token holders new ways to use their assets beyond traditional exchanges.
Backed by Mastercard and developed in collaboration with CompoSecure and Baanx, the card leverages smart contracts to complete real-world transactions in under five seconds.
The metal card is coming.
Those who are on the waitlist will have good news soon. 👀
Excited to be working with @CompoSecure @CL_Technology to get these out to the world! 🧡 https://t.co/MQ1rmHzvm7
— MetaMask.eth 🦊 (@MetaMask) April 28, 2025
It operates on Linea, a layer-2 scaling network built on Ethereum. Positioned as a safer alternative to centralised exchanges, the self-custody card highlights MetaMask’s push to expand practical crypto use cases while addressing concerns over third-party risks.
MetaMask Debuts Card in an Already Crowded Crypto Market
With the launch of its new payments card, MetaMask is stepping into an increasingly crowded corner of the crypto market.
Major players like Binance, Bybit, Coinbase, and Crypto.com already offer crypto debit cards, many featuring "crypto-back" rewards that let users earn digital assets with every purchase.
MetaMask’s move comes at a challenging time; interest in the Ethereum ecosystem — the wallet’s core base — has cooled significantly.
According to Dune Analytics, MetaMask collected just $289,312 in fees during the week of 14 April, a sharp decline from $1.3 million during the same period last year.
BREAKING: MetaMask Launches Self-Custody Crypto Card Backed by Mastercard
•MetaMask teams up with Mastercard, CompoSecure, and Baanx to launch a new crypto card.
•The card uses smart contracts to process IRL transactions in under 5 seconds via Ethereum’s Linea network.… pic.twitter.com/fJQEANYv4w
— Jungle Inc Crypto News (@jungleincxrp) April 29, 2025
Stablecoin and Bitcoin Payments Expand Crypto Use Cases
In 2025, payments have rapidly become one of the most dynamic use cases for cryptocurrencies, signalling a shift toward real-world utility for digital assets.
Luxury brands like Dorsia now accept crypto payments, while messaging platform Signal is reportedly considering Bitcoin for peer-to-peer transactions.
Meanwhile, a new bill introduced in New York aims to legalise the use of Bitcoin and other cryptocurrencies for state payments.
Can the new card carve out a niche in an increasingly competitive landscape and help MetaMask regain momentum?
