- MetaMask Debit Card rolls out across the U.S. after a year-long pilot and enters New York for the first time.
- The self-custodial card works anywhere Mastercard is accepted and supports Apple Pay and Google Pay.
- Users can earn up to 3% cashback in mUSD, issued via Stripe-owned Bridge and backed 1:1 by liquid assets.
The MetaMask Debit Card is now available nationwide in the United States following a year-long pilot program. The self-custodial payment card enables users to spend digital assets directly from their wallets wherever Mastercard is accepted.
Nationwide Expansion After Pilot Phase
MetaMask Debit Card U.S. pilot began in December 2024, following an earlier rollout across the European Union and the United Kingdom.
The nationwide expansion has hit New York for the first time. This move aims to extend user access in one of the most regulated U.S. markets.
MetaMask stated in a press release that the card aims to integrate crypto into daily payments. Product lead Gal Eldar said the design will bridge on-chain and off-chain transactions.
In a public statement, Eldar noted that users will use to purchase everyday goods and luxury items. He wrote that the U.S. launch reflects growing demand for direct crypto spending options.
Self-Custodial Structure and Network Integration
MetaMask Debit Card operates on a self-custodial model. Users maintain control of their digital assets until the moment of payment.
Unlike custodial crypto cards, the product does not require funds to be preloaded onto an exchange. Instead, assets remain in the user’s MetaMask wallet before settlement.
The card is issued in partnership with Mastercard and powered by Baanx, now operating as Monavate. It functions anywhere Mastercard is accepted across the United States.
Support extends to Apple Pay and Google Pay integration. This compatibility enables both physical and digital wallet transactions at retail locations.
Mastercard’s Global Head of Digital Commercialization, Sherri Haymond, said the partnership supports secure crypto spending. Her statement was shared as part of the joint announcement.
Cashback Rewards and Stablecoin Infrastructure
MetaMask Debit Card provides on-chain cashback rewards paid in mUSD stablecoin. Standard users earn 1% cashback on purchases.
Premium cardholders paying $199 annually can earn up to 3% cashback. The higher rate applies to the first $10,000 spent each year.
The mUSD stablecoin is issued by Bridge, a Stripe-owned stablecoin platform. Minting occurs through M0’s decentralized infrastructure.
According to Consensys, mUSD is backed one-to-one by highly liquid dollar-equivalent assets. The structure is designed to maintain parity with the U.S. dollar.
Earlier pilot users in Europe and the United Kingdom transacted with USDC, USDT, and wrapped Ether on Linea, an Ethereum-based layer-2 network developed by Consensys.
Crypto-linked payment card transaction volumes have risen since late 2024. MetaMask Debit Card now enters a competitive market that includes Visa-based crypto products and exchange-issued cards.