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MetaMask Teams with Stripe, M0 to Launch mUSD Stablecoin

Key Takeaways

  • ​MetaMask will launch mUSD, a dollar-backed stablecoin built into its wallet and powered by Bridge and M0, starting in 2025;
  • mUSD will debut on Ethereum and Linea, with full dollar reserves and features like swaps, bridging, on-ramps, and a Mastercard payment card;
  • Product lead Gal Eldar says mUSD will cut costs, simplify onboarding, and let users trade, join DeFi, and spend in everyday life.

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MetaMask Teams with Stripe, M0 to Launch mUSD Stablecoin

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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Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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