Reports suggest that MetaMask is preparing to support native Bitcoin transactions. The company has not provided a timeline or confirmed the plans.
Wallet application MetaMask is reportedly working to support native Bitcoin (BTC), joining several firms looking to expand services and products across the Bitcoin ecosystem.
The integration could be available in June and delivered in batches, with features expanding over time, notes a report citing sources familiar with the matter. In response to Cointelegraph, MetaMask has not confirmed or denied the news. A spokesperson said:
MetaMask primarily supports Ethereum and Ethereum-based tokens, such as the ERC-20 standard, which is used for creating and issuing smart contracts on the Ethereum network. Bitcoin holders wishing to use MetaMask can opt for some workarounds, such as using wrapped Bitcoin (wBTC) — an ERC-20 token that represents Bitcoin on the Ethereum blockchain.
