MetaMask Card enables crypto payments in Brazil, Mexico, and Colombia, simplifying transactions with cryptocurrency and promoting decentralized finance.
MetaMask has officially launched its long-awaited MetaMask Card in Brazil, Mexico, and Colombia. This new product enables users in these countries to make daily transactions using cryptocurrency. It works as a conventional debit card through which users can transact in any place that MasterCard is accepted. MetaMask shared the announcement on its official X account.
The card was created to link central finance to decentralized finance. MetaMask is still building more of its ecosystem with this card, and it makes it easy for users to transact. Moreover, it can be integrated with usual payment services such as Apple Pay or Google Pay. As a result, it eliminates the need for further conversion of cryptocurrencies to fiat money.
MetaMask has grown its operations after the pilot phase in the European Union and the United Kingdom. Now, users from Brazil, Mexico, and Colombia can apply for the MetaMask Card via the MetaMask Portfolio. They can also get it through the Crypto Life website. After registration, the card instantly exchanges cryptocurrencies into local fiat currencies when making a payment. This feature makes cryptocurrency more realistic for the use of exchanges for day-to-day transactions, getting rid of the use of centralized exchanges.
MetaMask Card Pioneers DeFi with Flexible Crypto Payments
The MetaMask Card is compatible with different digital assets, and the first one is Linea network tokens. However, it is for this reason that the platform is flexible, and more tokens and networks will be integrated as the platform progresses. This flexibility makes MetaMask a pioneer in decentralized finance (DeFi).
MetaMask intends to increase the utility of cryptocurrency among people. The MetaMask Card is an important part of that vision. In addition, it is now enhancing its dedication to decentralized finance for all by making cryptocurrency payments easier through its platform. Currently, the company has a waitlist of people interested in the card across the world. In this regard, the company intends to take the card to other parts of the world in the future.
As the service is only in the trial stage, it can already attract attention. The majority of modern crypto users are straining to find the application of these assets in daily life. However, the MetaMask Card is just one example of how the platform works to ensure DeFi is inclusive.
Source: https://www.livebitcoinnews.com/metamask-card-now-enables-crypto-payments-in-brazil-mexico-and-colombia/