in

MetaMask to Launch Wallet-Native mUSD Stablecoin

MetaMask is preparing to roll out its own stablecoin, MetaMask USD (mUSD), in 2025. The token will first launch on Ethereum and Linea, Consensys’ layer-2 chain.

A Dollar-Pegged Token

The new stablecoin will be issued through Bridge, a stablecoin platform now owned by Stripe, and powered by liquidity provider M0. Each mUSD will be backed 1:1 by dollar reserves.

Built Inside MetaMask

Unlike third-party tokens, mUSD will live directly inside the MetaMask wallet. Users will be able to spend, trade, lend, and bridge with it across Web3 apps. MetaMask also confirmed plans for a MetaMask Card with Mastercard, letting holders swipe mUSD for everyday purchases.

Boost for Linea’s DeFi Ecosystem

MetaMask says the token will help power Linea’s DeFi growth by lowering entry barriers. “It makes onboarding cheaper and easier,” said product lead Gal Eldar.

Regulatory Winds Favor Stablecoins

The launch comes soon after the US passed the GENIUS Act, which sets rules for stablecoin issuers. The timing reflects a broader trend, as even Trump-backed World Liberty Financial minted new stablecoin supply last week.

What do you think?

Written by 365Crypto

Kraken Freezes Monero Deposits After 51% Attack

UK Banks Blocking 40% of Crypto Payments Sparks Backlash