MetaMask, a popular self-custody wallet, has announced the upcoming launch of its stablecoin $mUSD. This digital dollar is expected to become a significant player in the crypto landscape, providing new opportunities for users.
Launch of $mUSD in 2025 on Ethereum Linea
According to the official announcement, the $mUSD stablecoin will be launched in 2025 across both Ethereum and Linea, ConsenSys's in-house layer-2 chain.
How You Will Use $mUSD
One of the most exciting features is the integration with the company's card, allowing users to spend $mUSD at any Mastercard-accepting merchant. Users will also be able to onboard, swap, and transfer funds directly within the app.
Partnership with Stripe and Bridge: What Makes $mUSD Different
The issuance of $mUSD will be managed by Bridge, a stablecoin platform owned by Stripe, providing additional credibility and global payment capabilities. This decentralized approach ensures transparency and cross-chain compatibility.
With the launch of $mUSD, MetaMask is positioning itself as a key player in the cryptocurrency market, offering users new tools for managing and utilizing digital currency. The future of interaction between traditional finance and digital assets may change the way payments and wallets connect.