MetaMask Wallet and Mastercard Testing On-chain Payment Card Issued by Baanx
The MetaMask-backed card will allow users to spend their digital assets seamlessly anywhere that Mastercard services are accepted.
Users can borrow Ether, a Digital Token used to run the Ethereum Blockchain Network, by using other Digital Tokens issued on the Ethereum Blockchain network. The use of Digital Tokens ensures the repayment of the loan. From now on, lenders can lend Ether without the risk of loss of capital.
The MetaMask-backed card will allow users to spend their digital assets seamlessly anywhere that Mastercard services are accepted.
With the collaboration, MetaMask has become the official launch partner of Revolut Ramp.
The deal allows MetaMask users to utilize Robinhood’s services to purchase digital assets directly through the MetaMask wallet.
Users can swap the digital assets directly from their self-custodial wallets, such as MetaMask, onto their Visa debit cards.
For a lot of people, the idea of running a validator node can be nerve-wracking and intimidating. But MetaMask has emphasized that there is no need for technical know-how.
The new routing tech is developed by the ConsenSys-backed Special Mechanism Group (SMG) to enable smart swaps on the MetaMask wallet.
Ledger claims that the funds were drained in less than two hours, after which it came on top of the situation.
MetaMask has collaborated with some local payment providers spread across Africa, Asia, and South America.
Mastercard will release a set of franchise rules for wallet providers.
Blockaid’s primary objective is to protect users from a range of security threats, including fraud, phishing, and hacking.