MetaMask-backed crypto debit card Mastercard has just arrived in 13 new countries in Latin America, bringing the card’s total footprint to over 50 markets worldwide.
The newly added countries are Chile, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Guyana, Nicaragua, Panama, Paraguay, Peru, Suriname and Uruguay, joining Brazil and Argentina, where the card was already in effect.
Metamask expands Mastercard crypto debit card to 13 new countries in Latin America, enabling seamless crypto-to-fiat conversion with 1% cashback rewards in mUSD.
Source: Bitcoin
– CryptoCardHub (@CryptoCardHub) June 13, 2026
According to Alex Oblakevich, head of research at Utexo, crypto card transactions in the industry increased 2.7 times, with no statistical correlation to Bitcoin price movements.
When crypto spending decouples from BTC price action, it stops being speculative behavior and starts looking like a public service. This shift is exactly what MetaMask is banking on as it strives to normalize crypto spending in one of the world’s highest-priority adoption markets.
How the MetaMask crypto map works and why the self-custody model is important
(MetaMask SOURCE)
The MetaMask card uses a conversion model at checkout, automatically converting crypto from the user’s custodial wallet to local fiat currency at merchants accepting Mastercard.
This feature sets it apart from exchange-issued cards that require transferring funds to custodial platforms. Users retain control of their keys until the time of purchase.
Every transaction earns 1% cash back in mUSD, MetaMask’s stablecoin, with a premium Metal card tier offering 3% on the first $10,000 spent monthly for an annual fee of $199.
The card supports nine tokens across multiple networks, is accepted at more than 150 million merchants, and can be integrated with Apple Pay and Google Pay. This innovation reflects MetaMask’s broader product development strategy, including AI wallet features.
Why Latin America? The 2.7x Transaction Growth Signal Explained
LatAm crypto adoption is a trend that MetaMask is following in terms of capital and products. Brazil and Mexico are among the largest crypto markets by volume due to demand for inflation hedging, unbanked populations, and attractive remittance flows. MetaMask launched its map in Brazil, Mexico and Colombia in December 2024, laying the foundation for expansion.
Oblakevich’s Utexo data shows that crypto card deposits are now regular and modest, indicating use by traditional retail rather than early adoption behavior. In countries like El Salvador, Peru, and Uruguay, where access to dollars is limited and local currency volatility is high, a card that converts crypto to local currency at the time of payment has considerable appeal.
Competition between crypto-native cards and traditional fintech is intensifying in Latin America. Mastercard’s Crypto Credential initiative targets 7 million users on partner exchanges, creating a robust ecosystem into which MetaMask’s partnership with Mastercard fits.
EXCLUSIVE: Earn $10 USDC via Binance Signup
Can MetaMask capture mainstream crypto spending or will adoption stop?
The MetaMask map is currently available in:
Andorra
Argentina
Austria
Bahrain
Belgium
Brazil
Bulgaria
Canada
Chile
Colombia
Costa Rica
Croatia
Cyprus
Denmark
Dominican Republic
El Salvador
Finland
France
Germany
Gibraltar
Greece
Guatemala
Guernsey
Hungary
Iceland
Ireland
Island…— MetaMask
The MetaMask map is currently available in: 
(@MetaMask) May 25, 2026Three scenarios in brief:
Case of the bull: LatAm’s expansion is driving retail adoption, with card usage expanding beyond current MetaMask users as new users are attracted to utility spending. mUSD increases organic demand through on-chain cashback, increasing trading volume on Linea and Base. Competing wallets launch similar products, validating the category and expanding the market. Crypto spending is becoming commonplace.
Base case: Adoption is slowly growing within the existing crypto user base. The addition of 13 new countries increases the volume, but onboarding remains difficult for the unbanked or crypto-curious due to technical hurdles. Transaction growth persists but does not reach mass market levels within 12 months.
Bear case: Regulatory issues in some Latin American countries are hampering deployment or forcing product adjustments. mUSD adoption lags behind USDC and USDT, limiting its network effect. Competitors like Binance Card and Crypto.com Card retain market share among users by prioritizing simplicity over self-preservation.
The outlook is cautiously optimistic, with 2.7x deal growth indicating real traction. However, MetaMask’s self-custody model requires users to be comfortable with non-custodial wallets, which limits the addressable market.
EXPLORE: Best Crypto Presales with Asymmetric Upside Potential in Today’s Market
The post MetaMask Expands Its Crypto Map to 13 New Latin American Countries appeared first on 99Bitcoins.
