Ethereum Price Prediction: Mastercard And MetaMask Launch Self-Custody Debit Card As This SOL GameFi Gem Closes On $2 Million
The Ethereum price dropped 4% in the last 24 hours to trade at $2,612 as of 3:40 a.m. EST on trading volume that went up 5% to $15.9 billion. The new crypto correction came at a time when MetaMask, a popular decentralized finance wallet, entered into a partnership with Mastercard and a digital payments firm called Baanx. The partners intend to launch a self-custody debit card pilot program for select users in the UK and EU. If the pilot ends up being a success, the partners will roll out the product in other regions as well, over time. The main benefit of the card is that it will allow users to self-custody their funds until the transactions are processed. At the moment of processing, the digital assets will be converted into fiat for payments at retail outlets, online shopping, and alike. Consensys’ senior product manager, Lorenzo Santos, also explained that users will have to hold their cryptocurrencies on the Linea network and use Linea to set spending limits on the card. Un...