Wallet service provider MetaMask has expanded its crypto card services, announcing support for $EURe and $GBPe, two stablecoins pegged to the euro and the British pound, respectively.
This update marks the card’s first support for European fiat-pegged stablecoins, broadening its reach to users across the region. With this launch, MetaMask Card users in Europe can now on-ramp with zero fees. Additionally, they can spend directly from their wallet balances in stores, online, or platforms that accept Mastercard globally.
MetaMask Card just got its first European stablecoins!
You can now on-ramp in Europe for free and spend $EURe and $GBPe on MetaMask Card.
Tap to pay anywhere Mastercard is accepted.
@monerium pic.twitter.com/4kfBa41bd9
— MetaMask.eth
(@MetaMask) April 30, 2025
Composable (CL) Technology powers the card and works with the MetaMask Portfolio interface.
A Step Forward for Crypto Utility in Europe
MetaMask’s move reflects the growing demand for real-world crypto use cases, especially in the EU and UK. Regulations around stablecoins have gained clarity in these regions lately, sparking increased interest.
The popularity of stablecoins in these regions is thanks to their price stability. This allows users to avoid volatility and retain control over their assets. The MetaMask Card is non-custodial.This means users stay in control of their funds.
same energy https://t.co/WI6mwpYGGB pic.twitter.com/E0J5RROLu9
— MetaMask.eth
In addition, the MetaMask Card uses smart contracts to execute transactions. So, transactions on the card are processed and completed within 5 seconds, making it one of the fastest.
Competing in a Crowded Market
MetaMask is not the only crypto-focused platform offering crypto-linked cards. The likes of Bybit, Binance, Coinbase, and Crypto.com offer similar cards. However, MetaMask places a strong emphasis on decentralization and self-custody.
Many crypto users resonate with MetaMask’s emphasis on decentralization. This comes as users lose confidence in centralized platforms due to high-profile hacks. Notably, Bybit, a centralized crypto exchange, suffered a hack that led to $1.4 billion being wiped off.
MetaMask Card is powered by @Mastercard.
— MetaMask.eth
Interestingly, while centralized exchanges have recorded notable hacks, recent studies show that decentralized platforms, especially DeFi protocols, are the prime targets of crypto hackers.
As reported by Altcoin Buzz, the bulk of the $92 million lost to hacks in April came from decentralized exchanges. April witnessed 15 hack cases, and all attacks focused on decentralized platforms. This stat, no doubt, calls for increased security amongst crypto protocols.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
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