MetaMask and Mastercard launch self-custody crypto card in the U.S.

Consensys launched the MetaMask Card across the United States, making the Mastercard-enabled, self-custodial spending card available in 49 states, excluding Vermont. The product is issued by Cross River Bank and built with regulated card issuer Monavate and Mastercard’s global payments network. The launch was reported on October 29, 2026, after a U.S. waiting list opened in March 2025.

Self-custody remains the central feature

Users retain control of their digital assets in their MetaMask wallet until the point of purchase, rather than preloading funds onto a custodial exchange account. MetaMask staff product manager Ale Machado said the company’s primary measure of success is whether U.S. users can spend from a self-custodial wallet “without friction, without thinking about the crypto underneath.”

The card is accepted at approximately 150 million Mastercard merchant locations worldwide and supports Apple Pay and Google Pay. Consensys previously piloted the card in the United Kingdom and European Union in 2024, before expanding it to other markets and opening the U.S. waiting list.

Two card tiers carry different benefits

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 and minted through M0’s decentralized infrastructure. Consensys says mUSD is backed 1:1 by high-quality, liquid dollar-equivalent assets.

The premium MetaMask Metal Card costs $199 annually and includes a physical card, 3% cashback on the first $10,000 spent per year, no foreign transaction fees, higher spending and ATM withdrawal limits, travel discounts through Entravel and access to exclusive events.

Mastercard and Consensys described the card as a spending bridge

Mastercard global head of digital commercialization Sherri Haymond said MetaMask “shares our vision of empowering people to spend their crypto securely and seamlessly, anywhere Mastercard is accepted in the world.” The card’s launch adds a Mastercard-enabled self-custody spending option following pilots and expansion across several international markets.

Consensys said crypto-native payment cards had seen daily transaction volumes increase since December 2024, but it did not provide specific figures. No card transaction-volume or adoption metric was disclosed for the U.S. launch in the reviewed reporting.

What remains unmeasured

The reviewed coverage identified routine use as the product’s main success measure but did not provide evidence of completed purchases, active U.S. cardholders or transaction volumes. It also did not disclose the number of U.S. users admitted from the waiting list.