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MetaMask confirmed its plans to launch its own stablecoin, MetaMask USD (mUSD), later this year on 
Ethereum and Consensys’s 
Linea network.
What’s the Scoop?
- Issuer and Design: mUSD will be issued by the Stripe-owned Bridge platform, and minted via M0’s decentralized stablecoin infrastructure. It will be fully backed 1:1 by U.S. cash and Treasuries.
- Wallet-Native Advantage: mUSD is the first stablecoin launched by a self-custodial wallet. Integrations will cover on-ramping, swapping, bridging, and spending through the MetaMask Card.
- Launch Plans: The token is set to debut on Ethereum and Linea later this year, and MetaMask hopes its stablecoin will reduce onboarding frictions and costs for crypto users.
- Industry Context: The announcement follows the U.S. GENIUS Act’s passage (the first federal framework for stablecoins), and comes amid nearly $1T in monthly stablecoin volume.
Bankless Take:
MetaMask enjoys widespread utilization throughout the Ethereum community. Although it unknown how transformative of a role mUSD will play, MetaMask sounds optimistic that it has brought a compelling stablecoin to market.
Today, we're announcing MetaMask USD ($mUSD) - MetaMask's native stablecoin. 🦊
— MetaMask.eth 🦊 (@MetaMask) August 21, 2025
MetaMask is the first self custodial wallet to launch a stablecoin, and we have big plans for it. 🧵👇 pic.twitter.com/bbUqYGWXJw
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