MetaMask announced, this Thursday, June 11, the expansion of its cryptocurrency debit card to 13 new countries in Latin America. Now the MetaMask Card is available in: Costa Rica, Chile, El Salvador, Dominican Republic, Honduras, Guatemala, Nicaragua, Guyana, Paraguay, Panama, Peru, Uruguay and Suriname.
The product, supported by the Mastercard network, was already operating in the region for users in Argentina, Brazil, Colombia and Mexico, and with this expansion the global instrument coverage exceeds 50 countries.
The movement is not coincidental. Latin America accumulated nearly USD 1.5 billion in cryptocurrency transaction volume between July 2022 and June 2025, with stablecoins as main tool for users facing inflationexchange volatility and cross-border payment needs, as reported by CriptoNoticias.
In this economic context, where a significant portion of the population turns to digital assets as a refuge of value and a means of everyday payment, MetaMask’s commitment to expanding its regional coverage responds to a concrete and sustained demand.
The card operates under the following model: the funds remain in the user’s wallet until the exact moment of purchase. There are no prior transfers to a custodial account or manual top-ups.
At the time of payment, a smart contract converts the tokens into the local currency based on Mastercard rates, with no additional fees from MetaMask on the conversion.
The card is Accepted in more than 150 million stores around the worldintegrates with Apple Pay and Google Pay, and supports nine tokens: mUSD, amUSD, wETH, EURe, GBPe, USDC, aUSDC, aBasUSDC and USDT, on the Linea, Monad, Base and Solana networks.
There is two modalities. The virtual card is freeoffers 1% cashback on each purchase and allows you to spend up to USD 15,000 daily with ATM withdrawals of up to USD 1,000.
The Metal card, at USD 199 per year, increases the cashback to 3% on the first USD 10,000 of monthly spending – later it drops to 1% -, doubles the daily limit to USD 30,000, allows commission-free ATM withdrawals of up to USD 5,000 and adds benefits such as discounts of up to 60% in hotels and access to exclusive restaurants.
Both earn 1 MetaMask rewards point per dollar spent. The product was developed together with Mastercard and the crypto payments firm Baanx, which acts as a regulated issuer.
However, the card is not without tensions. Since MetaMask Card serves as a bridge between DeFi and traditional finance, users they must complete a KYC process during setupmanaged by Crypto Lifewhich processes personal information in accordance with its privacy policy.
This represents a fundamental contradiction for part of the community since MetaMask built its reputation precisely on self-custody and the absence of identity verification, values that mandatory KYC erodes.
The process makes it virtually impossible to operate anonymously, as each operation can be linked to a verified identityand centralized storage of sensitive personal data increases the risk of leaks.
MetaMask ensures that personal information is never sold and that the company itself does not have access to the data delivered to Crypto Life, but the regulatory requirement is non-negotiable: Mastercard’s regulations and current anti-money laundering laws leave no room to operate without it.
Metamask is an alternative in which large players in the cryptocurrency ecosystem in Latin America also compete, such as Binance Card, Lemon Cash, Ripio Card or ByBit Card. At CriptoNoticias we have prepared a special article in which we analyze which are the best cards for bitcoin and other cryptocurrencies available in Latin America.
The expansion of MetaMask Card reflects the dynamism of a fully maturing ecosystem in Latin America, where cards linked to cryptocurrencies have established themselves as tools for those outside the banking system.