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MetaMask Expands Crypto Mastercard Service to US With Limited Trial

Published 19 December 2024
Kurt Robson
Authors
Edited by Ryan James
Key Takeaways
  • Consensys-developed MetaMask has announced its new crypto Mastercard is available to U.S. users.
  • The card was previously launched to select EU, U.K., Brazil, Mexico, and Colombia users.
  • MetaMask is currently locked in a legal battle with the SEC.

MetaMask has expanded its trialed launch of its crypto Mastercard to the U.S. despite being embroiled in a legal battle with the U.S. Securities and Exchange Commission (SEC).

The MetaMask Card allows users to spend crypto assets directly from their wallet without using a third-party service.

MetaMask Crypto Card Expands to US

The pilot aims to start a wider launch for MetaMask and gives users the power to spend crypto in both online and physical stores.

“Today we’re kicking off a limited pilot program in the United States where some of you will get your hands on MetaMask Card and try it out before it goes to a wider release,” MetaMask posted on X.

U.S. users can apply for a card by joining a waiting list, but it is not currently available in New York or Vermont.

The expansion follows the crypto wallet, which previously launched a limited trial across the EU and UK.

MetaMask said its card currently supports USDT, USDC, and WETH on the Linea network.

MetaMask’s SEC Battle

As MetaMask plans for a global release of its new card, it continues to fight a legal battle with the SEC.

In June, the agency alleged that MetaMask offered unregistered securities through its staking services and engaged in illegal broker-dealer activities via its Swap feature.

Consensys, MetaMask’s developer, has called for an expedited trial in Texas.

A source close to the matter previously told CCN: “The industry needs clarity regarding how the security laws impact our business and the space more broadly.

“We saw a hostile SEC negatively impacting innovation not only in the US but abroad, and we determined that a court needed to intervene and settle these important issues.”

Consensys has argued that the SEC’s actions are working to stifle innovation in the U.S. and beyond.

Crypto Partnerships

As crypto adoption gains momentum, major financial institutions are racing into the space to capitalize on consumer’s growing demand and secure dominance in the sector.

The latest strategic alliance between MetaMask, Mastercard, and Baanx is the latest example of financial giants teaming up with crypto firms.

In March, MetaMask partnered with e-bank Revolut to allow its users to purchase cryptocurrencies directly from MetaMask using their Revolut accounts.

As more partnerships appear globally, mainstream access and adoption to the crypto industry gets increasingly easier.

Kurt Robson

Kurt Robson is a London-based reporter at CCN, specialising in the fast-moving worlds of crypto and emerging technology. He began his career covering local news in Cornwall after graduating from Falmouth University with First Class Honours in Journalism. There, he cut his teeth on everything from council meetings to missing swans.

He quickly rose through the ranks to become a frontline journalist at several of the UK’s leading national newspapers. Over the years, he has interviewed musicians and celebrities, reported from courtrooms and crime scenes, and secured multiple front-page exclusives.

Following the upheaval of the COVID-19 pandemic, Kurt shifted his focus to technology journalism—just ahead of the AI boom. With a natural curiosity and a trained eye for emerging trends, he has found a new rhythm in reporting on innovation.

At CCN, Kurt's work focuses on the cutting edge of crypto, blockchain, AI, and the evolving digital world. Drawing on his background in people-first reporting and his deep interest in disruptive tech, Kurt delivers stories that are insightful, entertaining, and human-centric.

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