[NEWS] Cryptocurrency wallet MetaMask now available for purchase with fiat currencies from 9 countries, including Japan

On the 8th, MetaMask, a cryptocurrency wallet, announced that it has expanded its cryptocurrency purchasing function with fiat currency in nine countries, including Japan.

The target regions are Japan, South Korea, Vietnam, the Philippines, Malaysia, Indonesia, Thailand, Egypt, and Chile, and in Japan, it will be provided through international payment services called Unlimit and TransFi.

In addition to partnerships with borderless payment solutions Unlimit and TransFi, MetaMask announced partnerships with VietQR and Mobile Money in Vietnam, GCash in the Philippines, QRIS in Indonesia, Thai QR in Thailand, Vodafone Cash in Egypt, and Webpay in Chile.

With this expansion, users will be able to purchase cryptocurrency using their preferred payment method. It will also be possible to reduce fees compared to credit card purchases. It is said that fees will be reduced by using local transfers (transfers within the same region), but details have not yet been released.

MetaMask said on X (formerly Twitter) that "Web 3.0 is global, and MetaMask has been on a mission to work with providers around the world to help everyone, wherever they are, participate in Web 3.0."

What is the cryptocurrency wallet MetaMask?

MetaMask is a wallet that can manage Ethereum-related cryptocurrencies, tokens, NFTs, etc. Its aggregator function allows you to invest seamlessly in different assets. It supports major layer 1 and layer 2 blockchains, including the ERC-20 standard.

In October, in order to strengthen security, the company partnered with security company Blockaid to introduce Privacy Preserving Offline Module (PPOM), an offline security function that simulates and verifies transactions and signatures before signing.

Reference:Announcement
Image: Shutterstock

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