MetaMask, the popular cryptocurrency wallet, has announced the launch of its own stablecoin, MetaMask USD (mUSD), set to debut by late 2025 on the Ethereum and Linea blockchains.
Launch of MetaMask USD (mUSD)
MetaMask has announced its stablecoin, MetaMask USD (mUSD), which is set to launch on the Ethereum and Linea blockchains later in 2025. mUSD is planned to be integrated with the MetaMask Card, allowing users to spend at Mastercard-accepting merchants.
Partnership with Bridge and Its Implications
The stablecoin mUSD will be issued in partnership with Bridge, a Stripe-owned platform. This partnership raises discussions among Web3 advocates as it incorporates centralized elements that could affect user self-custody and create regulatory risks.
Benefits of Implementation through Linea
On the technical side, Linea’s zkEVM Layer 2 solution allows for significantly lower gas fees, making mUSD more attractive for use in DeFi and real-world scenarios. This positions MetaMask favorably for attracting new users.
While the launch of mUSD could significantly impact stablecoin usage, its success depends on transparency in the partnership with Bridge and regulatory stability. This presents intriguing opportunities but also risks for users.
