MetaMask Enables Direct Crypto-to-Fiat Conversion Across Layer 2 Networks

πŸ’° L2 Cash-Out Just Dropped

By Metamask
Apr 8, 2025, 2:35 PM
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MetaMask has expanded its functionality to allow users to convert cryptocurrency directly to fiat currency from any Layer 2 network.​ This new feature streamlines the off-ramping process:

  • Direct conversion from crypto to fiat within the wallet interface
  • Support for multiple Layer 2 networks
  • No need to transfer assets between platforms

The service aims to simplify the crypto-to-fiat conversion process, eliminating traditional multi-step procedures.​ Users can now complete the entire transaction without leaving their MetaMask wallet.​

Learn more: MetaMask Sell Crypto

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MetaMask Batch Transactions Update

MetaMask is developing batch transaction capabilities, following 1inch's successful implementation of the feature. This advancement will allow users to combine multiple actions into a single transaction. The technology, powered by EIP-5792, has already proven effective on 1inch's dApp, where users can merge approval and swap transactions. This reduces gas fees and simplifies the trading process. Key features: - Consolidated transactions reduce gas costs - Fewer steps for token swaps - Currently available for WalletConnect and Safe users - Enhanced security measures against fraud - Customizable QR codes for receiving assets Visit [1inch dApp](https://app.1inch.io/) to try batched transactions.

MetaMask v12.15.0 Fixes Automatic Tab Opening Bug

MetaMask has released version 12.15.0 to address a bug causing the wallet to automatically open in a new browser tab. - The update is currently rolling out to all users - Users can manually update their extension for immediate fix - Previous update (v11.12.4) resolved ETH/Fiat display issues For manual update instructions, visit [MetaMask support](https://support.metamask.io/configure/wallet/how-to-update-the-version-of-metamask/)

MetaMask Integrates RevokeCash for Enhanced Security

MetaMask Integrates RevokeCash for Enhanced Security

MetaMask Portfolio now offers direct access to RevokeCash, a crucial security tool for crypto asset protection. Key features: - View all DApp and token approvals - Risk level indicators (Low/Medium/High) - One-click revocation of risky approvals Common high-risk approvals to watch for: - Unlimited token transfer permissions - Staking/withdrawal access - Contract upgrade backdoors - NFT transfer/burn rights **Security Tip**: Regularly check and revoke unnecessary smart contract approvals through [MetaMask Portfolio](https://portfolio.metamask.io/explore/dapps)

MetaMask Launches Tax Hub for Crypto Reporting

MetaMask has introduced a Tax Hub feature to simplify cryptocurrency tax reporting ahead of upcoming filing deadlines. The new tool, available at [MetaMask Portfolio Tax Hub](https://portfolio.metamask.io/tax-hub), helps users: - Generate comprehensive tax reports - Track transactions across multiple chains - Export data in accountant-friendly formats Integration with Crypto Tax Calculator provides automated calculations and compliance support. The service aims to reduce the complexity of reporting crypto assets and transactions for tax purposes. *Note: Check local tax regulations and consult with a tax professional for specific guidance.*

MetaMask Launches Mastercard-Powered Crypto Debit Card

MetaMask has partnered with Mastercard and BaanxGroup to launch the MetaMask Card - a debit card enabling direct spending from self-custody wallets. The card automatically converts crypto to fiat at purchase and works with Apple Pay and Google Wallet. Key features: - Instant crypto-to-fiat conversion - Compatible with major digital wallets - Powered by Linea network on Ethereum - Full fund control until transaction Initial rollout limited to select users in EU and UK. Interested users can check eligibility in MetaMask Portfolio's Card tab or join the waitlist at [portfolio.metamask.io/card](https://portfolio.metamask.io/card)

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