# MetaMask Set to Launch Stablecoin This Month: CoinDesk

*Author: Jack Inabinet*
*Published: Aug 13, 2025*
*Source: https://www.bankless.com/read/metamask-set-to-launch-stablecoin-this-month-coindesk*

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MetaMask is preparing to unveil details of its new U.S. dollar-pegged stablecoin, mUSD, with an official announcement expected as soon as this week and a planned launch by the end of the month, [CoinDesk](https://www.coindesk.com/business/2025/08/13/ethereum-wallet-metamask-said-to-unveil-its-own-musd-stablecoin-this-week) reports.

### What’s the Scoop?
- **Governance Leak:** The stablecoin plans first surfaced after a governance proposal was accidentally posted and quickly deleted last week.
- **Partnerships in Place:** MetaMask is working with Bridge, a Stripe-owned firm specializing in stablecoin payments, and issuance protocol M^0 to bring mUSD to market.
- **Treasury Management:** Blackstone has been tapped to handle custody and treasury operations for the token.
- **Revenue Play:** Like other platforms holding large amounts of USDT and USDC, MetaMask aims to capture yield from underlying stablecoin reserves, often held in short-term U.S. Treasuries.
- **User Reach:** MetaMask says it has over 30 million monthly active users, positioning mUSD for broad adoption across its ecosystem.

### Bankless Take:
Its been a stablecoin summer, and MetaMask is the latest crypto player to create its own dollar-pegged tokens. While similar in concept to any other stablecoin, mUSD could derive a competitive advantage from MetaMask's widespread distribution among Ethereum-natives.