It is one of the most popular cryptocurrency wallets with over 30 million monthly active users. Metamaskhas entered into an important partnership with Mastercard. As part of this collaboration, a credit card supported by blockchain technology was designed for the first time in the world. According to the information obtained, this card is in the testing phase. Can be used anywhere a credit card is accepted. The only difference from traditional cards will be that users will use cryptocurrency.

MetaMask is a platform built on the Ethereum network. wallet service. As is known, Mastercard is one of the most popular payment providers in the traditional financial system. This duo will break new ground in their field. According to marketing materials, this card is “The first truly decentralized web3 payment solution” will go down in history.

It is unclear when this will be available

According to Coindesk’s claim, this credit card, which will be a first in its field, is actually for all of us. a new era will start. Because consumers with a credit card backed by cryptocurrency and blockchain can now easily shop by paying cryptocurrency. Of course, we don’t currently know what kind of infrastructure needs to be put in place to make this possible. Issues such as whether new cash register machines are needed for this service, remains unknown for the time being.

There is currently no agreement between the parties on this issue. there was no explanation. However, the marketing materials leaked by Coindesk are expected to be officially shared in the very near future. Now that this expectation has become a reality, the traditional financial system has become of the heaviest blows He must have taken one. Let’s see how MetaMask and Mastercard will tackle such a big job…