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MetaMask announces the launch of its own stablecoin
Cryptocurrency wallet MetaMask has announced the launch of its own stablecoin MetaMask USD (mUSD), which will become a native dollar asset for users. It will be integrated directly into the wallet’s functionality, and the first release is expected in the second half of 2025 on the Ethereum and Linea networks.
The Bridge platform, owned by Stripe, is responsible for issuing mUSD. Technical support for the project is provided by the decentralized M0 protocol, which specializes in liquidity and interoperability of digital dollars.
Users will be able to use $mUSD in two main scenarios. The first is in the wallet itself: for deposits, swaps, transfers, and transfers between networks. The second involves the use of the asset in real life through the MetaMask Card, which is expected by the end of 2025.
MetaMask product manager Gal Eldar said that the launch of mUSD is «a critical step in the mass adoption of Web3.» According to him, the new stablecoin removes barriers, reduces costs, and allows you to deposit funds into a self-custodial wallet, spend them anywhere, and use them in the same way as traditional money.
The full launch of MetaMask USD will take place in the second half of 2025, initially in the Ethereum ETH $4,301.10 Bridged Ether (StarkGate) 4.07% Market capitalization $0.1 billion VOL. 24 hours $2.62 billion and Linea ecosystems. Rumors about the development of MetaMask’s own stablecoin have been circulating for some time, and now the company has officially confirmed these plans.