MetaMask, the popular cryptocurrency wallet for the Ethereum blockchain, is testing an entirely on-chain payment card running on Mastercard’s giant network and issued by Baanx, according to promotional materials and a testing platform seen by CoinDesk.
Such a product would unite two giants of their respective fields. MetaMask is the biggest self-custody wallet with more than 30 million monthly active users, while Mastercard provides key plumbing in the conventional financial system through its credit- and debit-card network spanning the globe.
The MetaMask/Mastercard payment card would be „the first ever truly decentralized web3 payment solution,” allowing users to spend their crypto „on everyday purchases, everywhere cards are accepted,” according to the marketing materials.
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below: