The new card offers full control over funds and on-chain rewards for all American users.
MetaMask has announced the launch of its payment card in the United States, the result of a strategic collaboration with payments giant Mastercard.
Unlike traditional digital asset cards currently available on the market, the card introduced by MetaMask stands out for a key feature: self-custody of funds. While most competing solutions require users to pre-deposit their assets into exchange accounts managed by third parties, this new card allows users to retain full control of their assets directly within the MetaMask wallet up until the very moment of payment, Consensys stated.
The technological infrastructure behind the card is provided by Monavate (formerly known as Baanx), the same partner powering the versions already available in the United Kingdom and the European Union. The card can be used anywhere Mastercard is accepted and integrates with Apple Pay and Google Pay.
In addition, users can earn rewards on their purchases, paid directly in mUSD, MetaMask’s native stablecoin. The program includes two tiers:
- standard: 1% cashback on all purchases;
- premium: up to 3% cashback on the first $10,000 spent annually.
The U.S. launch comes amid strong growth in crypto-native payment solutions.
