MetaMask, a popular crypto wallet, announced the launch of its new stablecoin, mUSD, which became available to users on September 15, 2025. This stablecoin is designed to simplify cryptocurrency operations, including storage and usage directly in the MetaMask application.
Launch of mUSD
MetaMask announced the launch of its new stablecoin, mUSD, on August 21, 2025. The stablecoin is integrated into the MetaMask ecosystem to enhance user interactions with cryptocurrencies.
Features and Benefits
mUSD acts as a bridge between traditional finance and decentralized finance (DeFi), supporting activities such as trading, lending, and remittances. Users can transact using MetaMask Swap and Bridge, as well as spend with the MetaMask Card at over 150 million merchants globally.
Economics of mUSD
Currently, the market capitalization of mUSD stands at $18.01 million with a circulating supply of $18.04 million. Over the past 24 hours, the price of mUSD has ranged from $0.99 to $1.01.
The launch of the mUSD stablecoin by MetaMask marks an important step towards simplifying user interactions with cryptocurrencies and DeFi technologies.