MetaMask Card Goes Live in Argentina: A Major Step for Crypto Adoption

Table of Contents

MetaMask, one of the leading cryptocurrencies developed by Consensys, has recently announced the launch of its MetaMask Card in Argentina, according to an official announcement.

Metamask collaborated with Mastercard and payments firm Baanx to develop the debit card, which will allow users to spend crypto directly from their wallet at millions of merchants worldwide where Mastercard is accepted.

Also read: Consensys Restructures: What It Means for MetaMask

The card follows successful launches in the UK, EU, Brazil, Mexico, and Colombia, with Argentina now joining the list. Baanx Group announced the launch on their official X page, referencing a Merge event in Buenos Aires.

After an exciting Merge event in Buenos Aires, our CCO Simon returns with big news 📢 – the MetaMask card is now available in Argentina! 🇦🇷

This isn’t just a card — it’s a movement.
No banks. No delays. No compromises.
Just you and your crypto.

Ready to lead the change?
👉… https://t.co/nZxKcbospp
— Baanx Group (@BaanxGroup) March 27, 2025

The card is described as a key development for crypto adoption in Argentina.

Self-Custody and Cashback: Inside MetaMask Card’s Features

The card brings in its self-custodial wallets, allowing users to retain control of their assets until the point of transaction—unlike traditional crypto cards that often require preloaded accounts or exchange conversions.

Transactions on the card will occur instantly, relying on Mastercard’s extensive payment network. The card also provides 1% crypto cashback on purchases and the option to earn yield on wallet balances.

Also read: Metamask: A Guide to Managing Your Crypto Assets In 2024

The card can be accessed through the MetaMask Portfolio app, although some traders have noted a mandatory Know Your Customer (KYC) process is required, which has caused controversy among decentralization supporters.

Features like usability and rewards make the card a practical breakthrough for mass adoption of crypto.

Argentina’s Crypto Push: Economic Woes Meet Innovation

Argentina’s involvement in the card launch comes at a time when the nation is facing economic challenges, including high inflation and currency instability, which have driven interest in digital assets.

This follows earlier efforts like Binance’s 2022 prepaid card launch in the country, though MetaMask offers greater user control and rewards.

Also read: How to Create an Ethereum Wallet: A Step-by-Step Guide

With MetaMask’s 30 million users worldwide, the card could increase crypto uptake across Latin America and potentially ease the reliance on traditional banking systems. However, the KYC limitation has been faulted by some users, pointing out that it undermines crypto’s decentralized nature.

As of March 31, 2025, the card’s reception and popularity remain positive, with the wallet’s Help Center confirming eligibility for Argentine residents.

Author

Toheeb Kolade

Toheeb is an insightful blockchain reporter with deep knowledge of cryptocurrencies. With years of experience in financial journalism, Toheeb covers the latest developments in blockchain technology, cryptocurrency trends, decentralized finance (DeFi), and regulatory updates. Known for breaking news and in-depth analysis, Toheeb brings new angles on how blockchain is transforming industries and changing the global economy. From uncovering market movements to providing expert commentary on new technologies, Toheeb is dedicated to keeping readers informed about the developments in blockchain-related topics.

View all posts