The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n
Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n Bybit's payment solution aims to bridge the gap between cryptocurrency and fiat-based transactions. This is possible by providing a secure and innovative way to manage digital assets and traditional currencies. Users can safely and easily use cryptocurrencies in their daily lives, potentially heralding a new era of cryptocurrency adoption. <\/p>\n\n\n\n The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n A virtual card for online purchases will be provided free of charge at launch. A physical debit card is scheduled for release in April 2023. The card supports BTC, ETH, USDT, USDC, and XRP balances. User accounts automatically convert payments into Euros or Pounds based on the user's country of residence. Moorwand payment solutions provider issues the card, with ATM withdrawals and global payments limited to the user's Bybit account's aggregated cryptocurrency holdings.<\/p>\n\n\n\n Bybit's payment solution aims to bridge the gap between cryptocurrency and fiat-based transactions. This is possible by providing a secure and innovative way to manage digital assets and traditional currencies. Users can safely and easily use cryptocurrencies in their daily lives, potentially heralding a new era of cryptocurrency adoption. <\/p>\n\n\n\n The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n Cryptocurrency derivatives exchange, Bybit, launched <\/a>a debit card enabling users to use digital currencies for payments and cash withdrawals. Bybit cards integrate with the Mastercard network and enable fiat-based transactions by deducting cryptocurrency balances. <\/p>\n\n\n\n A virtual card for online purchases will be provided free of charge at launch. A physical debit card is scheduled for release in April 2023. The card supports BTC, ETH, USDT, USDC, and XRP balances. User accounts automatically convert payments into Euros or Pounds based on the user's country of residence. Moorwand payment solutions provider issues the card, with ATM withdrawals and global payments limited to the user's Bybit account's aggregated cryptocurrency holdings.<\/p>\n\n\n\n Bybit's payment solution aims to bridge the gap between cryptocurrency and fiat-based transactions. This is possible by providing a secure and innovative way to manage digital assets and traditional currencies. Users can safely and easily use cryptocurrencies in their daily lives, potentially heralding a new era of cryptocurrency adoption. <\/p>\n\n\n\n The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n Rival payments company Visa has also made inroads<\/a> into blockchain and crypto. The company is actively working with the stablecoin USDC and the Solana blockchain to effect seamless cross-border payments.\u00a0<\/p>\n","post_title":"MetaMask Tests A Blockchain-Powered Payment Card With Mastercard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-tests-a-blockchain-powered-payment-card-with-mastercard","to_ping":"","pinged":"","post_modified":"2024-03-13 01:40:43","post_modified_gmt":"2024-03-12 14:40:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15840","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10282,"post_author":"15","post_date":"2023-03-07 23:34:17","post_date_gmt":"2023-03-07 12:34:17","post_content":"\n Cryptocurrency derivatives exchange, Bybit, launched <\/a>a debit card enabling users to use digital currencies for payments and cash withdrawals. Bybit cards integrate with the Mastercard network and enable fiat-based transactions by deducting cryptocurrency balances. <\/p>\n\n\n\n A virtual card for online purchases will be provided free of charge at launch. A physical debit card is scheduled for release in April 2023. The card supports BTC, ETH, USDT, USDC, and XRP balances. User accounts automatically convert payments into Euros or Pounds based on the user's country of residence. Moorwand payment solutions provider issues the card, with ATM withdrawals and global payments limited to the user's Bybit account's aggregated cryptocurrency holdings.<\/p>\n\n\n\n Bybit's payment solution aims to bridge the gap between cryptocurrency and fiat-based transactions. This is possible by providing a secure and innovative way to manage digital assets and traditional currencies. Users can safely and easily use cryptocurrencies in their daily lives, potentially heralding a new era of cryptocurrency adoption. <\/p>\n\n\n\n The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n In addition, Mastercard is looking<\/a> into innovative ways of issuing its payment cards across the world, including using stablecoins for on-chain settlements. The endeavors have seen the payments giant introduce innovations such as the Mastercard Multi-Token Network and new card programs bridging between Web 2.0 and Web 3.0.<\/p>\n\n\n\n Rival payments company Visa has also made inroads<\/a> into blockchain and crypto. The company is actively working with the stablecoin USDC and the Solana blockchain to effect seamless cross-border payments.\u00a0<\/p>\n","post_title":"MetaMask Tests A Blockchain-Powered Payment Card With Mastercard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-tests-a-blockchain-powered-payment-card-with-mastercard","to_ping":"","pinged":"","post_modified":"2024-03-13 01:40:43","post_modified_gmt":"2024-03-12 14:40:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15840","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10282,"post_author":"15","post_date":"2023-03-07 23:34:17","post_date_gmt":"2023-03-07 12:34:17","post_content":"\n Cryptocurrency derivatives exchange, Bybit, launched <\/a>a debit card enabling users to use digital currencies for payments and cash withdrawals. Bybit cards integrate with the Mastercard network and enable fiat-based transactions by deducting cryptocurrency balances. <\/p>\n\n\n\n A virtual card for online purchases will be provided free of charge at launch. A physical debit card is scheduled for release in April 2023. The card supports BTC, ETH, USDT, USDC, and XRP balances. User accounts automatically convert payments into Euros or Pounds based on the user's country of residence. Moorwand payment solutions provider issues the card, with ATM withdrawals and global payments limited to the user's Bybit account's aggregated cryptocurrency holdings.<\/p>\n\n\n\n Bybit's payment solution aims to bridge the gap between cryptocurrency and fiat-based transactions. This is possible by providing a secure and innovative way to manage digital assets and traditional currencies. Users can safely and easily use cryptocurrencies in their daily lives, potentially heralding a new era of cryptocurrency adoption. <\/p>\n\n\n\n The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n Mastercard said integrating its payment cards with wallet providers offers additional revenue streams and increases active user numbers. The company also believes the integration reduces friction in transaction processes and fosters customer loyalty. <\/p>\n\n\n\n In addition, Mastercard is looking<\/a> into innovative ways of issuing its payment cards across the world, including using stablecoins for on-chain settlements. The endeavors have seen the payments giant introduce innovations such as the Mastercard Multi-Token Network and new card programs bridging between Web 2.0 and Web 3.0.<\/p>\n\n\n\n Rival payments company Visa has also made inroads<\/a> into blockchain and crypto. The company is actively working with the stablecoin USDC and the Solana blockchain to effect seamless cross-border payments.\u00a0<\/p>\n","post_title":"MetaMask Tests A Blockchain-Powered Payment Card With Mastercard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-tests-a-blockchain-powered-payment-card-with-mastercard","to_ping":"","pinged":"","post_modified":"2024-03-13 01:40:43","post_modified_gmt":"2024-03-12 14:40:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15840","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10282,"post_author":"15","post_date":"2023-03-07 23:34:17","post_date_gmt":"2023-03-07 12:34:17","post_content":"\n Cryptocurrency derivatives exchange, Bybit, launched <\/a>a debit card enabling users to use digital currencies for payments and cash withdrawals. Bybit cards integrate with the Mastercard network and enable fiat-based transactions by deducting cryptocurrency balances. <\/p>\n\n\n\n A virtual card for online purchases will be provided free of charge at launch. A physical debit card is scheduled for release in April 2023. The card supports BTC, ETH, USDT, USDC, and XRP balances. User accounts automatically convert payments into Euros or Pounds based on the user's country of residence. Moorwand payment solutions provider issues the card, with ATM withdrawals and global payments limited to the user's Bybit account's aggregated cryptocurrency holdings.<\/p>\n\n\n\n Bybit's payment solution aims to bridge the gap between cryptocurrency and fiat-based transactions. This is possible by providing a secure and innovative way to manage digital assets and traditional currencies. Users can safely and easily use cryptocurrencies in their daily lives, potentially heralding a new era of cryptocurrency adoption. <\/p>\n\n\n\n The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n The partnership with Mastercard happens when conventional payment players push into the world of Web 3.0 technologies. In 2023, Mastercard expressed interest in working with leading Web 3.0 wallet providers to leverage the potential of cryptocurrencies and blockchain technology in payments.<\/p>\n\n\n\n Mastercard said integrating its payment cards with wallet providers offers additional revenue streams and increases active user numbers. The company also believes the integration reduces friction in transaction processes and fosters customer loyalty. <\/p>\n\n\n\n In addition, Mastercard is looking<\/a> into innovative ways of issuing its payment cards across the world, including using stablecoins for on-chain settlements. The endeavors have seen the payments giant introduce innovations such as the Mastercard Multi-Token Network and new card programs bridging between Web 2.0 and Web 3.0.<\/p>\n\n\n\n Rival payments company Visa has also made inroads<\/a> into blockchain and crypto. The company is actively working with the stablecoin USDC and the Solana blockchain to effect seamless cross-border payments.\u00a0<\/p>\n","post_title":"MetaMask Tests A Blockchain-Powered Payment Card With Mastercard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-tests-a-blockchain-powered-payment-card-with-mastercard","to_ping":"","pinged":"","post_modified":"2024-03-13 01:40:43","post_modified_gmt":"2024-03-12 14:40:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15840","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10282,"post_author":"15","post_date":"2023-03-07 23:34:17","post_date_gmt":"2023-03-07 12:34:17","post_content":"\n Cryptocurrency derivatives exchange, Bybit, launched <\/a>a debit card enabling users to use digital currencies for payments and cash withdrawals. Bybit cards integrate with the Mastercard network and enable fiat-based transactions by deducting cryptocurrency balances. <\/p>\n\n\n\n A virtual card for online purchases will be provided free of charge at launch. A physical debit card is scheduled for release in April 2023. The card supports BTC, ETH, USDT, USDC, and XRP balances. User accounts automatically convert payments into Euros or Pounds based on the user's country of residence. Moorwand payment solutions provider issues the card, with ATM withdrawals and global payments limited to the user's Bybit account's aggregated cryptocurrency holdings.<\/p>\n\n\n\n Bybit's payment solution aims to bridge the gap between cryptocurrency and fiat-based transactions. This is possible by providing a secure and innovative way to manage digital assets and traditional currencies. Users can safely and easily use cryptocurrencies in their daily lives, potentially heralding a new era of cryptocurrency adoption. <\/p>\n\n\n\n The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n The partnership with Mastercard happens when conventional payment players push into the world of Web 3.0 technologies. In 2023, Mastercard expressed interest in working with leading Web 3.0 wallet providers to leverage the potential of cryptocurrencies and blockchain technology in payments.<\/p>\n\n\n\n Mastercard said integrating its payment cards with wallet providers offers additional revenue streams and increases active user numbers. The company also believes the integration reduces friction in transaction processes and fosters customer loyalty. <\/p>\n\n\n\n In addition, Mastercard is looking<\/a> into innovative ways of issuing its payment cards across the world, including using stablecoins for on-chain settlements. The endeavors have seen the payments giant introduce innovations such as the Mastercard Multi-Token Network and new card programs bridging between Web 2.0 and Web 3.0.<\/p>\n\n\n\n Rival payments company Visa has also made inroads<\/a> into blockchain and crypto. The company is actively working with the stablecoin USDC and the Solana blockchain to effect seamless cross-border payments.\u00a0<\/p>\n","post_title":"MetaMask Tests A Blockchain-Powered Payment Card With Mastercard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-tests-a-blockchain-powered-payment-card-with-mastercard","to_ping":"","pinged":"","post_modified":"2024-03-13 01:40:43","post_modified_gmt":"2024-03-12 14:40:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15840","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10282,"post_author":"15","post_date":"2023-03-07 23:34:17","post_date_gmt":"2023-03-07 12:34:17","post_content":"\n Cryptocurrency derivatives exchange, Bybit, launched <\/a>a debit card enabling users to use digital currencies for payments and cash withdrawals. Bybit cards integrate with the Mastercard network and enable fiat-based transactions by deducting cryptocurrency balances. <\/p>\n\n\n\n A virtual card for online purchases will be provided free of charge at launch. A physical debit card is scheduled for release in April 2023. The card supports BTC, ETH, USDT, USDC, and XRP balances. User accounts automatically convert payments into Euros or Pounds based on the user's country of residence. Moorwand payment solutions provider issues the card, with ATM withdrawals and global payments limited to the user's Bybit account's aggregated cryptocurrency holdings.<\/p>\n\n\n\n Bybit's payment solution aims to bridge the gap between cryptocurrency and fiat-based transactions. This is possible by providing a secure and innovative way to manage digital assets and traditional currencies. Users can safely and easily use cryptocurrencies in their daily lives, potentially heralding a new era of cryptocurrency adoption. <\/p>\n\n\n\n The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n See Related: MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users<\/a><\/p>\n\n\n\n The partnership with Mastercard happens when conventional payment players push into the world of Web 3.0 technologies. In 2023, Mastercard expressed interest in working with leading Web 3.0 wallet providers to leverage the potential of cryptocurrencies and blockchain technology in payments.<\/p>\n\n\n\n Mastercard said integrating its payment cards with wallet providers offers additional revenue streams and increases active user numbers. The company also believes the integration reduces friction in transaction processes and fosters customer loyalty. <\/p>\n\n\n\n In addition, Mastercard is looking<\/a> into innovative ways of issuing its payment cards across the world, including using stablecoins for on-chain settlements. The endeavors have seen the payments giant introduce innovations such as the Mastercard Multi-Token Network and new card programs bridging between Web 2.0 and Web 3.0.<\/p>\n\n\n\n Rival payments company Visa has also made inroads<\/a> into blockchain and crypto. The company is actively working with the stablecoin USDC and the Solana blockchain to effect seamless cross-border payments.\u00a0<\/p>\n","post_title":"MetaMask Tests A Blockchain-Powered Payment Card With Mastercard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-tests-a-blockchain-powered-payment-card-with-mastercard","to_ping":"","pinged":"","post_modified":"2024-03-13 01:40:43","post_modified_gmt":"2024-03-12 14:40:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15840","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10282,"post_author":"15","post_date":"2023-03-07 23:34:17","post_date_gmt":"2023-03-07 12:34:17","post_content":"\n Cryptocurrency derivatives exchange, Bybit, launched <\/a>a debit card enabling users to use digital currencies for payments and cash withdrawals. Bybit cards integrate with the Mastercard network and enable fiat-based transactions by deducting cryptocurrency balances. <\/p>\n\n\n\n A virtual card for online purchases will be provided free of charge at launch. A physical debit card is scheduled for release in April 2023. The card supports BTC, ETH, USDT, USDC, and XRP balances. User accounts automatically convert payments into Euros or Pounds based on the user's country of residence. Moorwand payment solutions provider issues the card, with ATM withdrawals and global payments limited to the user's Bybit account's aggregated cryptocurrency holdings.<\/p>\n\n\n\n Bybit's payment solution aims to bridge the gap between cryptocurrency and fiat-based transactions. This is possible by providing a secure and innovative way to manage digital assets and traditional currencies. Users can safely and easily use cryptocurrencies in their daily lives, potentially heralding a new era of cryptocurrency adoption. <\/p>\n\n\n\n The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n The partnership brings together two entities recognized as leaders in the payments sector. MetaMask is dubbed the biggest self-custody wallet with over 30 million monthly active users. On the other hand, Mastercard is a key player in the traditional payment system, linking global customers to its credit and debit card network.<\/p>\n\n\n\n See Related: MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users<\/a><\/p>\n\n\n\n The partnership with Mastercard happens when conventional payment players push into the world of Web 3.0 technologies. In 2023, Mastercard expressed interest in working with leading Web 3.0 wallet providers to leverage the potential of cryptocurrencies and blockchain technology in payments.<\/p>\n\n\n\n Mastercard said integrating its payment cards with wallet providers offers additional revenue streams and increases active user numbers. The company also believes the integration reduces friction in transaction processes and fosters customer loyalty. <\/p>\n\n\n\n In addition, Mastercard is looking<\/a> into innovative ways of issuing its payment cards across the world, including using stablecoins for on-chain settlements. The endeavors have seen the payments giant introduce innovations such as the Mastercard Multi-Token Network and new card programs bridging between Web 2.0 and Web 3.0.<\/p>\n\n\n\n Rival payments company Visa has also made inroads<\/a> into blockchain and crypto. The company is actively working with the stablecoin USDC and the Solana blockchain to effect seamless cross-border payments.\u00a0<\/p>\n","post_title":"MetaMask Tests A Blockchain-Powered Payment Card With Mastercard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-tests-a-blockchain-powered-payment-card-with-mastercard","to_ping":"","pinged":"","post_modified":"2024-03-13 01:40:43","post_modified_gmt":"2024-03-12 14:40:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15840","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10282,"post_author":"15","post_date":"2023-03-07 23:34:17","post_date_gmt":"2023-03-07 12:34:17","post_content":"\n Cryptocurrency derivatives exchange, Bybit, launched <\/a>a debit card enabling users to use digital currencies for payments and cash withdrawals. Bybit cards integrate with the Mastercard network and enable fiat-based transactions by deducting cryptocurrency balances. <\/p>\n\n\n\n A virtual card for online purchases will be provided free of charge at launch. A physical debit card is scheduled for release in April 2023. The card supports BTC, ETH, USDT, USDC, and XRP balances. User accounts automatically convert payments into Euros or Pounds based on the user's country of residence. Moorwand payment solutions provider issues the card, with ATM withdrawals and global payments limited to the user's Bybit account's aggregated cryptocurrency holdings.<\/p>\n\n\n\n Bybit's payment solution aims to bridge the gap between cryptocurrency and fiat-based transactions. This is possible by providing a secure and innovative way to manage digital assets and traditional currencies. Users can safely and easily use cryptocurrencies in their daily lives, potentially heralding a new era of cryptocurrency adoption. <\/p>\n\n\n\n The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n The MetaMask\/Mastercard payment card would be \u201cthe first ever truly decentralized Web 3.0 payment solution.\u201d\u00a0<\/em><\/p>\n\n\n\n The partnership brings together two entities recognized as leaders in the payments sector. MetaMask is dubbed the biggest self-custody wallet with over 30 million monthly active users. On the other hand, Mastercard is a key player in the traditional payment system, linking global customers to its credit and debit card network.<\/p>\n\n\n\n See Related: MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users<\/a><\/p>\n\n\n\n The partnership with Mastercard happens when conventional payment players push into the world of Web 3.0 technologies. In 2023, Mastercard expressed interest in working with leading Web 3.0 wallet providers to leverage the potential of cryptocurrencies and blockchain technology in payments.<\/p>\n\n\n\n Mastercard said integrating its payment cards with wallet providers offers additional revenue streams and increases active user numbers. The company also believes the integration reduces friction in transaction processes and fosters customer loyalty. <\/p>\n\n\n\n In addition, Mastercard is looking<\/a> into innovative ways of issuing its payment cards across the world, including using stablecoins for on-chain settlements. The endeavors have seen the payments giant introduce innovations such as the Mastercard Multi-Token Network and new card programs bridging between Web 2.0 and Web 3.0.<\/p>\n\n\n\n Rival payments company Visa has also made inroads<\/a> into blockchain and crypto. The company is actively working with the stablecoin USDC and the Solana blockchain to effect seamless cross-border payments.\u00a0<\/p>\n","post_title":"MetaMask Tests A Blockchain-Powered Payment Card With Mastercard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-tests-a-blockchain-powered-payment-card-with-mastercard","to_ping":"","pinged":"","post_modified":"2024-03-13 01:40:43","post_modified_gmt":"2024-03-12 14:40:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15840","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10282,"post_author":"15","post_date":"2023-03-07 23:34:17","post_date_gmt":"2023-03-07 12:34:17","post_content":"\n Cryptocurrency derivatives exchange, Bybit, launched <\/a>a debit card enabling users to use digital currencies for payments and cash withdrawals. Bybit cards integrate with the Mastercard network and enable fiat-based transactions by deducting cryptocurrency balances. <\/p>\n\n\n\n A virtual card for online purchases will be provided free of charge at launch. A physical debit card is scheduled for release in April 2023. The card supports BTC, ETH, USDT, USDC, and XRP balances. User accounts automatically convert payments into Euros or Pounds based on the user's country of residence. Moorwand payment solutions provider issues the card, with ATM withdrawals and global payments limited to the user's Bybit account's aggregated cryptocurrency holdings.<\/p>\n\n\n\n Bybit's payment solution aims to bridge the gap between cryptocurrency and fiat-based transactions. This is possible by providing a secure and innovative way to manage digital assets and traditional currencies. Users can safely and easily use cryptocurrencies in their daily lives, potentially heralding a new era of cryptocurrency adoption. <\/p>\n\n\n\n The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n Cryptocurrency wallet MetaMask is reportedly<\/a> testing entirely on-chain payment cards in partnership with Mastercard. The Mastercard-branded card would allow \u201cusers to spend their crypto\u201d <\/em>on daily purchases in places where the cards are accepted.<\/p>\n\n\n\n The MetaMask\/Mastercard payment card would be \u201cthe first ever truly decentralized Web 3.0 payment solution.\u201d\u00a0<\/em><\/p>\n\n\n\n The partnership brings together two entities recognized as leaders in the payments sector. MetaMask is dubbed the biggest self-custody wallet with over 30 million monthly active users. On the other hand, Mastercard is a key player in the traditional payment system, linking global customers to its credit and debit card network.<\/p>\n\n\n\n See Related: MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users<\/a><\/p>\n\n\n\n The partnership with Mastercard happens when conventional payment players push into the world of Web 3.0 technologies. In 2023, Mastercard expressed interest in working with leading Web 3.0 wallet providers to leverage the potential of cryptocurrencies and blockchain technology in payments.<\/p>\n\n\n\n Mastercard said integrating its payment cards with wallet providers offers additional revenue streams and increases active user numbers. The company also believes the integration reduces friction in transaction processes and fosters customer loyalty. <\/p>\n\n\n\n In addition, Mastercard is looking<\/a> into innovative ways of issuing its payment cards across the world, including using stablecoins for on-chain settlements. The endeavors have seen the payments giant introduce innovations such as the Mastercard Multi-Token Network and new card programs bridging between Web 2.0 and Web 3.0.<\/p>\n\n\n\n Rival payments company Visa has also made inroads<\/a> into blockchain and crypto. The company is actively working with the stablecoin USDC and the Solana blockchain to effect seamless cross-border payments.\u00a0<\/p>\n","post_title":"MetaMask Tests A Blockchain-Powered Payment Card With Mastercard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-tests-a-blockchain-powered-payment-card-with-mastercard","to_ping":"","pinged":"","post_modified":"2024-03-13 01:40:43","post_modified_gmt":"2024-03-12 14:40:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15840","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10282,"post_author":"15","post_date":"2023-03-07 23:34:17","post_date_gmt":"2023-03-07 12:34:17","post_content":"\n Cryptocurrency derivatives exchange, Bybit, launched <\/a>a debit card enabling users to use digital currencies for payments and cash withdrawals. Bybit cards integrate with the Mastercard network and enable fiat-based transactions by deducting cryptocurrency balances. <\/p>\n\n\n\n A virtual card for online purchases will be provided free of charge at launch. A physical debit card is scheduled for release in April 2023. The card supports BTC, ETH, USDT, USDC, and XRP balances. User accounts automatically convert payments into Euros or Pounds based on the user's country of residence. Moorwand payment solutions provider issues the card, with ATM withdrawals and global payments limited to the user's Bybit account's aggregated cryptocurrency holdings.<\/p>\n\n\n\n Bybit's payment solution aims to bridge the gap between cryptocurrency and fiat-based transactions. This is possible by providing a secure and innovative way to manage digital assets and traditional currencies. Users can safely and easily use cryptocurrencies in their daily lives, potentially heralding a new era of cryptocurrency adoption. <\/p>\n\n\n\n The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n Cryptocurrency wallet MetaMask is reportedly<\/a> testing entirely on-chain payment cards in partnership with Mastercard. The Mastercard-branded card would allow \u201cusers to spend their crypto\u201d <\/em>on daily purchases in places where the cards are accepted.<\/p>\n\n\n\n The MetaMask\/Mastercard payment card would be \u201cthe first ever truly decentralized Web 3.0 payment solution.\u201d\u00a0<\/em><\/p>\n\n\n\n The partnership brings together two entities recognized as leaders in the payments sector. MetaMask is dubbed the biggest self-custody wallet with over 30 million monthly active users. On the other hand, Mastercard is a key player in the traditional payment system, linking global customers to its credit and debit card network.<\/p>\n\n\n\n See Related: MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users<\/a><\/p>\n\n\n\n The partnership with Mastercard happens when conventional payment players push into the world of Web 3.0 technologies. In 2023, Mastercard expressed interest in working with leading Web 3.0 wallet providers to leverage the potential of cryptocurrencies and blockchain technology in payments.<\/p>\n\n\n\n Mastercard said integrating its payment cards with wallet providers offers additional revenue streams and increases active user numbers. The company also believes the integration reduces friction in transaction processes and fosters customer loyalty. <\/p>\n\n\n\n In addition, Mastercard is looking<\/a> into innovative ways of issuing its payment cards across the world, including using stablecoins for on-chain settlements. The endeavors have seen the payments giant introduce innovations such as the Mastercard Multi-Token Network and new card programs bridging between Web 2.0 and Web 3.0.<\/p>\n\n\n\n Rival payments company Visa has also made inroads<\/a> into blockchain and crypto. The company is actively working with the stablecoin USDC and the Solana blockchain to effect seamless cross-border payments.\u00a0<\/p>\n","post_title":"MetaMask Tests A Blockchain-Powered Payment Card With Mastercard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-tests-a-blockchain-powered-payment-card-with-mastercard","to_ping":"","pinged":"","post_modified":"2024-03-13 01:40:43","post_modified_gmt":"2024-03-12 14:40:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15840","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10282,"post_author":"15","post_date":"2023-03-07 23:34:17","post_date_gmt":"2023-03-07 12:34:17","post_content":"\n Cryptocurrency derivatives exchange, Bybit, launched <\/a>a debit card enabling users to use digital currencies for payments and cash withdrawals. Bybit cards integrate with the Mastercard network and enable fiat-based transactions by deducting cryptocurrency balances. <\/p>\n\n\n\n A virtual card for online purchases will be provided free of charge at launch. A physical debit card is scheduled for release in April 2023. The card supports BTC, ETH, USDT, USDC, and XRP balances. User accounts automatically convert payments into Euros or Pounds based on the user's country of residence. Moorwand payment solutions provider issues the card, with ATM withdrawals and global payments limited to the user's Bybit account's aggregated cryptocurrency holdings.<\/p>\n\n\n\n Bybit's payment solution aims to bridge the gap between cryptocurrency and fiat-based transactions. This is possible by providing a secure and innovative way to manage digital assets and traditional currencies. Users can safely and easily use cryptocurrencies in their daily lives, potentially heralding a new era of cryptocurrency adoption. <\/p>\n\n\n\n The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n Cryptocurrency wallet MetaMask is reportedly<\/a> testing entirely on-chain payment cards in partnership with Mastercard. The Mastercard-branded card would allow \u201cusers to spend their crypto\u201d <\/em>on daily purchases in places where the cards are accepted.<\/p>\n\n\n\n The MetaMask\/Mastercard payment card would be \u201cthe first ever truly decentralized Web 3.0 payment solution.\u201d\u00a0<\/em><\/p>\n\n\n\n The partnership brings together two entities recognized as leaders in the payments sector. MetaMask is dubbed the biggest self-custody wallet with over 30 million monthly active users. On the other hand, Mastercard is a key player in the traditional payment system, linking global customers to its credit and debit card network.<\/p>\n\n\n\n See Related: MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users<\/a><\/p>\n\n\n\n The partnership with Mastercard happens when conventional payment players push into the world of Web 3.0 technologies. In 2023, Mastercard expressed interest in working with leading Web 3.0 wallet providers to leverage the potential of cryptocurrencies and blockchain technology in payments.<\/p>\n\n\n\n Mastercard said integrating its payment cards with wallet providers offers additional revenue streams and increases active user numbers. The company also believes the integration reduces friction in transaction processes and fosters customer loyalty. <\/p>\n\n\n\n In addition, Mastercard is looking<\/a> into innovative ways of issuing its payment cards across the world, including using stablecoins for on-chain settlements. The endeavors have seen the payments giant introduce innovations such as the Mastercard Multi-Token Network and new card programs bridging between Web 2.0 and Web 3.0.<\/p>\n\n\n\n Rival payments company Visa has also made inroads<\/a> into blockchain and crypto. The company is actively working with the stablecoin USDC and the Solana blockchain to effect seamless cross-border payments.\u00a0<\/p>\n","post_title":"MetaMask Tests A Blockchain-Powered Payment Card With Mastercard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-tests-a-blockchain-powered-payment-card-with-mastercard","to_ping":"","pinged":"","post_modified":"2024-03-13 01:40:43","post_modified_gmt":"2024-03-12 14:40:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15840","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10282,"post_author":"15","post_date":"2023-03-07 23:34:17","post_date_gmt":"2023-03-07 12:34:17","post_content":"\n Cryptocurrency derivatives exchange, Bybit, launched <\/a>a debit card enabling users to use digital currencies for payments and cash withdrawals. Bybit cards integrate with the Mastercard network and enable fiat-based transactions by deducting cryptocurrency balances. <\/p>\n\n\n\n A virtual card for online purchases will be provided free of charge at launch. A physical debit card is scheduled for release in April 2023. The card supports BTC, ETH, USDT, USDC, and XRP balances. User accounts automatically convert payments into Euros or Pounds based on the user's country of residence. Moorwand payment solutions provider issues the card, with ATM withdrawals and global payments limited to the user's Bybit account's aggregated cryptocurrency holdings.<\/p>\n\n\n\n Bybit's payment solution aims to bridge the gap between cryptocurrency and fiat-based transactions. This is possible by providing a secure and innovative way to manage digital assets and traditional currencies. Users can safely and easily use cryptocurrencies in their daily lives, potentially heralding a new era of cryptocurrency adoption. <\/p>\n\n\n\n The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n Cryptocurrency wallet MetaMask is reportedly<\/a> testing entirely on-chain payment cards in partnership with Mastercard. The Mastercard-branded card would allow \u201cusers to spend their crypto\u201d <\/em>on daily purchases in places where the cards are accepted.<\/p>\n\n\n\n The MetaMask\/Mastercard payment card would be \u201cthe first ever truly decentralized Web 3.0 payment solution.\u201d\u00a0<\/em><\/p>\n\n\n\n The partnership brings together two entities recognized as leaders in the payments sector. MetaMask is dubbed the biggest self-custody wallet with over 30 million monthly active users. On the other hand, Mastercard is a key player in the traditional payment system, linking global customers to its credit and debit card network.<\/p>\n\n\n\n See Related: MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users<\/a><\/p>\n\n\n\n The partnership with Mastercard happens when conventional payment players push into the world of Web 3.0 technologies. In 2023, Mastercard expressed interest in working with leading Web 3.0 wallet providers to leverage the potential of cryptocurrencies and blockchain technology in payments.<\/p>\n\n\n\n Mastercard said integrating its payment cards with wallet providers offers additional revenue streams and increases active user numbers. The company also believes the integration reduces friction in transaction processes and fosters customer loyalty. <\/p>\n\n\n\n In addition, Mastercard is looking<\/a> into innovative ways of issuing its payment cards across the world, including using stablecoins for on-chain settlements. The endeavors have seen the payments giant introduce innovations such as the Mastercard Multi-Token Network and new card programs bridging between Web 2.0 and Web 3.0.<\/p>\n\n\n\n Rival payments company Visa has also made inroads<\/a> into blockchain and crypto. The company is actively working with the stablecoin USDC and the Solana blockchain to effect seamless cross-border payments.\u00a0<\/p>\n","post_title":"MetaMask Tests A Blockchain-Powered Payment Card With Mastercard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-tests-a-blockchain-powered-payment-card-with-mastercard","to_ping":"","pinged":"","post_modified":"2024-03-13 01:40:43","post_modified_gmt":"2024-03-12 14:40:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15840","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10282,"post_author":"15","post_date":"2023-03-07 23:34:17","post_date_gmt":"2023-03-07 12:34:17","post_content":"\n Cryptocurrency derivatives exchange, Bybit, launched <\/a>a debit card enabling users to use digital currencies for payments and cash withdrawals. Bybit cards integrate with the Mastercard network and enable fiat-based transactions by deducting cryptocurrency balances. <\/p>\n\n\n\n A virtual card for online purchases will be provided free of charge at launch. A physical debit card is scheduled for release in April 2023. The card supports BTC, ETH, USDT, USDC, and XRP balances. User accounts automatically convert payments into Euros or Pounds based on the user's country of residence. Moorwand payment solutions provider issues the card, with ATM withdrawals and global payments limited to the user's Bybit account's aggregated cryptocurrency holdings.<\/p>\n\n\n\n Bybit's payment solution aims to bridge the gap between cryptocurrency and fiat-based transactions. This is possible by providing a secure and innovative way to manage digital assets and traditional currencies. Users can safely and easily use cryptocurrencies in their daily lives, potentially heralding a new era of cryptocurrency adoption. <\/p>\n\n\n\n The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n Visa<\/a>, Mastercard's rival, is also working with Solana blockchain and stablecoin USDC for digital asset-enabled cross-border payments.<\/p>\n","post_title":"1inch Teams Up With Mastercard And Baanx For A Web 3.0 Debit Card","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"1inch-teams-up-with-mastercard-and-baanx-for-a-web-3-0-debit-card","to_ping":"","pinged":"","post_modified":"2024-04-13 23:14:12","post_modified_gmt":"2024-04-13 13:14:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16288","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15840,"post_author":"21","post_date":"2024-03-13 01:40:37","post_date_gmt":"2024-03-12 14:40:37","post_content":"\n Cryptocurrency wallet MetaMask is reportedly<\/a> testing entirely on-chain payment cards in partnership with Mastercard. The Mastercard-branded card would allow \u201cusers to spend their crypto\u201d <\/em>on daily purchases in places where the cards are accepted.<\/p>\n\n\n\n The MetaMask\/Mastercard payment card would be \u201cthe first ever truly decentralized Web 3.0 payment solution.\u201d\u00a0<\/em><\/p>\n\n\n\n The partnership brings together two entities recognized as leaders in the payments sector. MetaMask is dubbed the biggest self-custody wallet with over 30 million monthly active users. On the other hand, Mastercard is a key player in the traditional payment system, linking global customers to its credit and debit card network.<\/p>\n\n\n\n See Related: MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users<\/a><\/p>\n\n\n\n The partnership with Mastercard happens when conventional payment players push into the world of Web 3.0 technologies. In 2023, Mastercard expressed interest in working with leading Web 3.0 wallet providers to leverage the potential of cryptocurrencies and blockchain technology in payments.<\/p>\n\n\n\n Mastercard said integrating its payment cards with wallet providers offers additional revenue streams and increases active user numbers. The company also believes the integration reduces friction in transaction processes and fosters customer loyalty. <\/p>\n\n\n\n In addition, Mastercard is looking<\/a> into innovative ways of issuing its payment cards across the world, including using stablecoins for on-chain settlements. The endeavors have seen the payments giant introduce innovations such as the Mastercard Multi-Token Network and new card programs bridging between Web 2.0 and Web 3.0.<\/p>\n\n\n\n Rival payments company Visa has also made inroads<\/a> into blockchain and crypto. The company is actively working with the stablecoin USDC and the Solana blockchain to effect seamless cross-border payments.\u00a0<\/p>\n","post_title":"MetaMask Tests A Blockchain-Powered Payment Card With Mastercard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-tests-a-blockchain-powered-payment-card-with-mastercard","to_ping":"","pinged":"","post_modified":"2024-03-13 01:40:43","post_modified_gmt":"2024-03-12 14:40:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15840","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10282,"post_author":"15","post_date":"2023-03-07 23:34:17","post_date_gmt":"2023-03-07 12:34:17","post_content":"\n Cryptocurrency derivatives exchange, Bybit, launched <\/a>a debit card enabling users to use digital currencies for payments and cash withdrawals. Bybit cards integrate with the Mastercard network and enable fiat-based transactions by deducting cryptocurrency balances. <\/p>\n\n\n\n A virtual card for online purchases will be provided free of charge at launch. A physical debit card is scheduled for release in April 2023. The card supports BTC, ETH, USDT, USDC, and XRP balances. User accounts automatically convert payments into Euros or Pounds based on the user's country of residence. Moorwand payment solutions provider issues the card, with ATM withdrawals and global payments limited to the user's Bybit account's aggregated cryptocurrency holdings.<\/p>\n\n\n\n Bybit's payment solution aims to bridge the gap between cryptocurrency and fiat-based transactions. This is possible by providing a secure and innovative way to manage digital assets and traditional currencies. Users can safely and easily use cryptocurrencies in their daily lives, potentially heralding a new era of cryptocurrency adoption. <\/p>\n\n\n\n The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n \u201cBut we wanted to also onboard the man on the street who is holding crypto. So we decided to go with the 1inch card because it offers us an additional entry point for new people.<\/em><\/p>\n\n\n\n Visa<\/a>, Mastercard's rival, is also working with Solana blockchain and stablecoin USDC for digital asset-enabled cross-border payments.<\/p>\n","post_title":"1inch Teams Up With Mastercard And Baanx For A Web 3.0 Debit Card","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"1inch-teams-up-with-mastercard-and-baanx-for-a-web-3-0-debit-card","to_ping":"","pinged":"","post_modified":"2024-04-13 23:14:12","post_modified_gmt":"2024-04-13 13:14:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16288","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15840,"post_author":"21","post_date":"2024-03-13 01:40:37","post_date_gmt":"2024-03-12 14:40:37","post_content":"\n Cryptocurrency wallet MetaMask is reportedly<\/a> testing entirely on-chain payment cards in partnership with Mastercard. The Mastercard-branded card would allow \u201cusers to spend their crypto\u201d <\/em>on daily purchases in places where the cards are accepted.<\/p>\n\n\n\n The MetaMask\/Mastercard payment card would be \u201cthe first ever truly decentralized Web 3.0 payment solution.\u201d\u00a0<\/em><\/p>\n\n\n\n The partnership brings together two entities recognized as leaders in the payments sector. MetaMask is dubbed the biggest self-custody wallet with over 30 million monthly active users. On the other hand, Mastercard is a key player in the traditional payment system, linking global customers to its credit and debit card network.<\/p>\n\n\n\n See Related: MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users<\/a><\/p>\n\n\n\n The partnership with Mastercard happens when conventional payment players push into the world of Web 3.0 technologies. In 2023, Mastercard expressed interest in working with leading Web 3.0 wallet providers to leverage the potential of cryptocurrencies and blockchain technology in payments.<\/p>\n\n\n\n Mastercard said integrating its payment cards with wallet providers offers additional revenue streams and increases active user numbers. The company also believes the integration reduces friction in transaction processes and fosters customer loyalty. <\/p>\n\n\n\n In addition, Mastercard is looking<\/a> into innovative ways of issuing its payment cards across the world, including using stablecoins for on-chain settlements. The endeavors have seen the payments giant introduce innovations such as the Mastercard Multi-Token Network and new card programs bridging between Web 2.0 and Web 3.0.<\/p>\n\n\n\n Rival payments company Visa has also made inroads<\/a> into blockchain and crypto. The company is actively working with the stablecoin USDC and the Solana blockchain to effect seamless cross-border payments.\u00a0<\/p>\n","post_title":"MetaMask Tests A Blockchain-Powered Payment Card With Mastercard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-tests-a-blockchain-powered-payment-card-with-mastercard","to_ping":"","pinged":"","post_modified":"2024-03-13 01:40:43","post_modified_gmt":"2024-03-12 14:40:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15840","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10282,"post_author":"15","post_date":"2023-03-07 23:34:17","post_date_gmt":"2023-03-07 12:34:17","post_content":"\n Cryptocurrency derivatives exchange, Bybit, launched <\/a>a debit card enabling users to use digital currencies for payments and cash withdrawals. Bybit cards integrate with the Mastercard network and enable fiat-based transactions by deducting cryptocurrency balances. <\/p>\n\n\n\n A virtual card for online purchases will be provided free of charge at launch. A physical debit card is scheduled for release in April 2023. The card supports BTC, ETH, USDT, USDC, and XRP balances. User accounts automatically convert payments into Euros or Pounds based on the user's country of residence. Moorwand payment solutions provider issues the card, with ATM withdrawals and global payments limited to the user's Bybit account's aggregated cryptocurrency holdings.<\/p>\n\n\n\n Bybit's payment solution aims to bridge the gap between cryptocurrency and fiat-based transactions. This is possible by providing a secure and innovative way to manage digital assets and traditional currencies. Users can safely and easily use cryptocurrencies in their daily lives, potentially heralding a new era of cryptocurrency adoption. <\/p>\n\n\n\n The new debit card service marks a significant milestone in the evolution of payment solutions and industry innovation in the cryptocurrency industry.<\/p>\n\n\n\n Read More: <\/em><\/strong>Bybit Suspends USD Transactions Via Wire And Bank Transfers Due to \u2018Service Outages From A Partner\u2019<\/a> <\/p>\n\n\n\n According to Mastercard's senior vice president for Crypto and Fintech Enablement, Christian Rau, the new card will bridge the worlds of Web 3.0 and Web 2.0. 1inch co-founder Sergej Kunz said says:<\/p>\n\n\n\n \u201cBut we wanted to also onboard the man on the street who is holding crypto. So we decided to go with the 1inch card because it offers us an additional entry point for new people.<\/em><\/p>\n\n\n\n Visa<\/a>, Mastercard's rival, is also working with Solana blockchain and stablecoin USDC for digital asset-enabled cross-border payments.<\/p>\n","post_title":"1inch Teams Up With Mastercard And Baanx For A Web 3.0 Debit Card","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"1inch-teams-up-with-mastercard-and-baanx-for-a-web-3-0-debit-card","to_ping":"","pinged":"","post_modified":"2024-04-13 23:14:12","post_modified_gmt":"2024-04-13 13:14:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16288","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15840,"post_author":"21","post_date":"2024-03-13 01:40:37","post_date_gmt":"2024-03-12 14:40:37","post_content":"\n Cryptocurrency wallet MetaMask is reportedly<\/a> testing entirely on-chain payment cards in partnership with Mastercard. The Mastercard-branded card would allow \u201cusers to spend their crypto\u201d <\/em>on daily purchases in places where the cards are accepted.<\/p>\n\n\n\n The MetaMask\/Mastercard payment card would be \u201cthe first ever truly decentralized Web 3.0 payment solution.\u201d\u00a0<\/em><\/p>\n\n\n\n The partnership brings together two entities recognized as leaders in the payments sector. MetaMask is dubbed the biggest self-custody wallet with over 30 million monthly active users. On the other hand, Mastercard is a key player in the traditional payment system, linking global customers to its credit and debit card network.<\/p>\n\n\n\n
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Mastercard\u2019s Push Into Web 3.0 Technologies<\/h2>\n\n\n\n
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