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21/08/25 18:54 UTC-04

MetaMask Wallet to Launch Its Own Dollar-Pegged Stablecoin mUSD

The MetaMask crypto wallet, owned by Consensys, has announced the launch of its own stablecoin, MetaMask USD (mUSD), backed by the U.S. dollar.

The digital asset will be issued through Bridge, a platform for stablecoin issuance and management, and will operate on the M0 liquidity platform. MUSD will be integrated directly into the MetaMask wallet, enabling its use in Web3 applications.

The stablecoin is set to debut at the end of 2025 on the Ethereum blockchain and the Linea Layer 2 network, supported by MetaMask’s creator, Consensys.

MetaMask stated that the token will be backed 1:1 with dollar reserves and integrated into wallet functions such as swaps and bridging. The company also plans to release a MetaMask card later this year in partnership with Mastercard (NYSE:MA), allowing users to spend mUSD in everyday transactions.

The company emphasized that a self-custodied stablecoin within the wallet will enhance the experience for users who regularly connect to the network, store, trade, lend, and spend funds through MetaMask. Gal Eldar, Head of Product at Consensys, noted that “the new stablecoin lowers barriers for users entering the Web3 market.”

See also: "ETH/BTC Ratio Hits 2025 High"

#Metamask #Stablecoins

Editor: Pereyidenko Ihor
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