USDCrypto Payments Go Mainstream This Week with Visa, Jewelry, and Trump Tower
CompoSecure, Baanx, and MetaMask Launch Metal Card for Instant Crypto Payments
CompoSecure, Baanx, and MetaMask have announced the launch of the MetaMask Metal Card, set to debut worldwide in Q2 2025. This innovative card allows users to make instant payments directly from their self-custody MetaMask wallets without the need for fiat conversion or centralized exchanges. Transactions are executed via smart contracts in under five seconds, as users maintain their crypto on the Linea network. MetaMask's Chief Commercial Officer, Simon Jones, emphasized that the card eliminates middlemen, providing seamless, instant transactions. The card aims to solve the "last mile" problem, moving digital assets closer to mainstream use. CompoSecure's CEO, Jon Wilk, described the card as a pivotal shift toward non-custodial neobanking, aiming to transform crypto into a viable everyday currency. This announcement follows MetaMask's recent SEC clearance regarding its staking service, with Mastercard also enhancing its Web3 card initiatives to integrate digital currencies into daily payments.
Tangem Unveils Self-Custodial Visa Card with Cold Wallet Chip Set for Late 2025 Release
Tangem, a fintech company based in Switzerland, has announced the upcoming launch of Tangem Pay, a self-custodial Visa card that integrates a cold wallet chip for direct crypto spending, set to debut in late 2025. The card aims to empower users by allowing them to maintain full control of their assets without intermediaries, processing transactions through Visa’s infrastructure while ensuring private keys are securely stored on a microchip. Tangem Pay is designed for over 130 million merchants and supports platforms like Apple Pay and Google Pay. The initiative is driven by a growing demand for self-custody solutions, following incidents with centralized exchanges, and reports stablecoin transactions exceeding $27.6 trillion in 2024. Tangem anticipates entering a cross-border payments market projected to surpass $300 billion by 2030. A waitlist is currently available, and the company holds a U.S. patent for the technology, certified by Visa.
Messika Now Accepts Cryptocurrency Payments for Luxury Jewelry via Lunu Pay
Messika, a prominent Parisian luxury jewelry brand, has begun accepting cryptocurrency payments globally through its partnership with Lunu Pay. Customers can now purchase luxury items using Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and Solana (SOL) in both physical boutiques and online stores. The integrated payment solution simplifies transactions and is compatible with cryptocurrency wallets, allowing payments via QR code with no hidden fees. This initiative reflects a growing trend in the luxury sector to embrace digital currencies, enhancing privacy and convenience for customers. Lunu Pay has previously partnered with Milan's Pisa 1940 to facilitate similar crypto payment options.
Trump Tower Dubai to Accept Cryptocurrency Payments Starting at $1 Million
Trump Tower in Dubai will accept cryptocurrency payments for apartments starting at $1 million, with penthouses priced at $20.4 million. Scheduled for completion in 2029, the 47-story tower aims to set new standards for luxury in the Dubai real estate market, according to Eric Trump. The initiative could drive mainstream adoption of cryptocurrency in real estate, particularly as stablecoins mitigate volatility concerns. First announced in December 2024 with an investment of $1 billion, this project marks a significant step toward integrating digital currencies into high-value property transactions, reflecting the evolving landscape of the cryptocurrency ecosystem.
This article has been refined and enhanced by ChatGPT.
