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The Coin Republicabout 20 hours ago4 min readT2

Crypto News: MetaMask Launches 3% Cashback Card Amid Crypto’s Shift Into Banking

MetaMask has launched its Mastercard-powered card across the US, offering up to 3% cashback in its native stablecoin, mUSD. This move signifies a broader industry trend of crypto platforms integrating with traditional finance infrastructure, akin to neobanks. While the card aims to drive real-world stablecoin spending, its success hinges on user adoption beyond speculation, with only a small fraction of stablecoin transactions currently used for goods and services.

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