The crypto wallet MetaMask has nnounced plans to release its own dollar-linked stablecoin, called MetaMask USD (mUSD).
The stablecoin will be issued through Bridge, which is part of Stripe, and will use M0’s platform to manage movement across networks.
mUSD will be built directly into the MetaMask wallet, which gives users an easy way to use dollars on-chain for transfers, trades, and payments.
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It will first appear on Ethereum and Linea, Consensys’ Layer-2 network, later in 2025. Consensys expects mUSD to support the growth of Linea’s decentralized finance activity once launched.
The token will be fully backed with dollar reserves and tied into wallet features such as swaps, bridging, and on-ramping. MetaMask is also planning a payment card with Mastercard that will let people spend mUSD for regular purchases.
The idea is to make stable value a built-in part of the wallet rather than a separate asset. For users who hold, trade, lend, or pay through MetaMask, having a stablecoin inside the app is meant to remove extra steps.
Gal Eldar, product lead at MetaMask, said the stablecoin is aimed at making Web3 easier to enter and less expensive to use. According to him, mUSD will cut costs, simplify the first steps for new users, and allow people to send money on-chain, take part in DeFi, and also pay for everyday goods with the upcoming card.
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