This MetaMask update seems insignificant, but it will genuinely change lives.
TL;DR
MetaMask is partnering with Ramp, to bring fiat-to-crypto functionality to 150+ countries.
The ability safely earn, save, buy and trade multiple stable global currency equivalents (e.g. USDC) without the need for a trusted third party (aka a bank) to get involved...
But for anyone who is unbanked? That's a game changer!
Full Story
MetaMask must've chugged a barrel of rocket fuel, because it's blazing one hell of a trail right now.
First it partnered with PayPal here in the US, to allow anyone to convert their crypto into fiat currency within the app.
And now it's partnering with Ramp, to bring that same functionality to 150+ countries.
Which, ok, doesn't sound revolutionary at first...
But for anyone who is unbanked?
The ability safely earn, save, buy and trade multiple stable global currency equivalents (e.g. USDC) without the need for a trusted third party (aka a bank) to get involved...
That's a game changer!
Plus, with this partnership, MetaMask is talking about potentially onboarding 100 million new users, across 150+ countries and 40+ local currencies.
Those are some impressive stats!