MetaMask and Mastercard Launch Self-Custody Crypto Card Across U.S.

A core feature is self-custody: users retain control of their digital assets inside their MetaMask wallet until the moment of purchase.

Crypto News

Consensys has

the MetaMask Card across the United States, making the Mastercard-enabled self-custodial spending card available in 49 states for the first time, excluding only the state of Vermont. The card was previously piloted in the United Kingdom and European Union in 2024 and has since expanded to Argentina, Brazil, Canada, European Economic Area countries, Mexico, Switzerland, and the U.K. ahead of the U.S. general rollout.

The card is issued by Cross River Bank, an FDIC-insured institution, and built in partnership with regulated card issuer Monavate, formerly known as Baanx, and Mastercard's global payments network. It works at approximately 150 million Mastercard merchants worldwide and is compatible with Apple Pay and Google Pay.

A core feature is self-custody: users retain control of their digital assets inside their MetaMask wallet until the moment of purchase. Consensys said this distinguishes the card from most custodial crypto cards, which require users to pre-load funds onto an exchange account before spending.

Standard cardholders receive a virtual card by default and earn 1% cashback on purchases. The cashback is paid in mUSD, MetaMask's Ethereum-based stablecoin issued by Bridge, a Stripe-owned platform, and minted through M0's decentralized infrastructure. Consensys describes mUSD as backed 1:1 by high-quality, liquid dollar-equivalent assets.