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MetaMask Cuts Banks Out of the Equation—Launches Mastercard-Backed Crypto Payment Card
MetaMask Cuts Banks Out of the Equation—Launches Mastercard-Backed Crypto Payment Card
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Web3’s favorite wallet just went mainstream. MetaMask rolls out a Mastercard-powered payment card—bridging crypto and traditional finance with a single swipe.
How it works: Link your MetaMask wallet, spend crypto anywhere Mastercard is accepted. No bank account? No problem (though regulators might have something to say about that).
The fine print: Transactions auto-convert to fiat at point-of-sale. Volatility risk? Minimal. Privacy trade-offs? Probably substantial—this is Mastercard we’re talking about.
Wall Street’s reaction: ’Innovative partnership’ (translation: we’re scrambling to copy this before lunch). Because nothing terrifies legacy finance quite than users bypassing their 3% transaction fees.
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