MetaMask has decided to expand the boundaries of the usual crypto wallet and launch a physical card for everyday purchases. This card will give you the opportunity to spend cryptocurrency directly from your wallet — without having to transfer funds to centralized exchanges or exchangers.

The card is being developed in partnership with Mastercard, as well as with CompoSecure and Baanx companies. It will run on the Linea blockchain network, which is a second-level solution for Ethereum that allows transactions to be performed faster and cheaper. Each purchase through this card will be confirmed by a smart contract, and the entire transaction will take less than five seconds.

The main advantage of the new card is its self—storage. This means that the user remains the rightful owner of their funds. Unlike centralized exchanges, where funds are stored in third-party accounts, in the case of this card, control is entirely in the hands of the user. And this is especially true against the background of the February hacking of the Bybit exchange, where $1.4 billion was stolen — such cases push people to more secure and decentralized solutions.

MetaMask joins the race of crypto cards, where there are already major players — Binance, Coinbase, Crypto.com and others. Some of them offer bonuses and cashback in cryptocurrency. But MetaMask focuses on decentralization and security.

Interest in the Ethereum ecosystem has been declining lately, and MetaMask feels it: their weekly commission income was only about $289,000, compared with over $1.3 million a year ago. The launch of the map can become a new growth point and a way to regain the attention of users.

Cryptocurrencies are now increasingly being used in real life. Luxury brands like Dorsia accept payment in tokens. The Signal messenger is testing bitcoin transfers. And the New York authorities are even considering the possibility of allowing taxes to be paid in the crypt. All this suggests that the crypt goes beyond the limits of an investment asset and becomes a full-fledged means of payment.

Do you think you would use such a card if it allowed you to spend crypto in everyday life without intermediaries and at the same time remain the owner of your funds?

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