MetaMask, one of the most popular cryptocurrency wallets, has announced the launch of its own stablecoin called MetaMask USD (mUSD). This new digital asset will serve as the native dollar unit for users of the service and will be integrated directly into the wallet’s functionality.
This is reported by Finway
Features and Capabilities of the New Stablecoin
The issuance and support of the stablecoin will be provided by the Bridge platform, owned by the financial company Stripe, while technical support will be handled by the decentralized protocol M0, which specializes in liquidity and compatibility of digital dollars. mUSD will offer users several use cases:
- Within the wallet: account top-ups, asset exchanges, transfers between users, and transactions across different networks.
- In everyday life: by the end of 2025, the ability to make payments using the MetaMask Card is expected.
Initially, mUSD will be available on the Ethereum and Linea networks, allowing users to transact with the asset in familiar ecosystems.
Impact on the Web3 Ecosystem
“MetaMask USD is a critical step in the mass adoption of Web3. It removes barriers, reduces costs, and allows users to deposit funds into a self-custodial wallet, spend them almost anywhere, and use them as money should be used.”
According to the official announcement, the launch of the mUSD stablecoin is scheduled for the second half of 2025. This move is expected to be a significant milestone in enhancing the accessibility of Web3 technologies and expanding the functionality of MetaMask.
Previously, rumors about the potential launch of MetaMask’s own stablecoin had circulated in the cryptocurrency community, and now the company has officially confirmed these plans.