MetaMask, the premier wallet for Web3, has introduced the MetaMask Card, the world's first Mastercard debit card that enables instant spending directly from self-custody wallets.

MetaMask has partnered with Mastercard and Baanx Group Ltd to bring crypto to everyday transactions. This collaboration between MetaMask, Mastercard, and Baanx pioneers a new era of spending by connecting crypto wallets to payment networks.

In simple terms, with the MetaMask Card, cardholders can make daily purchases by directly spending crypto from their MetaMask wallet anytime, and anywhere Mastercard is accepted. MetaMask instantly converts crypto into fiat like euros or pounds.

The MetaMask Card is breaking new ground by providing greater freedom for people to make practical use of their crypto and experience the intersection of blockchain technology with real-world commerce.

Initially, a select group of users in the EU and UK, can benefit from this seamless feature. Looking ahead, the MetaMask Card is set to expand its reach, with plans for geographic expansion into additional regions.

In light of the new CBUAE Payment Token Services Regulation, which restricts retail payments to Dirham payment tokens, it will be interesting to observe how the MetaMask Card operates under these regulations, especially considering the anticipated expansion of the MetaMask Card into the UAE.