TechFlow news, August 21 — According to The Block, MetaMask has officially announced the launch of its first native stablecoin, MetaMask USD (mUSD), planned for release on Ethereum and Consensys’s Linea network later in 2025. The stablecoin will be issued through Bridge, a platform under Stripe, and minted using M0’s decentralized infrastructure. mUSD will be fully backed 1:1 by U.S. cash and short-term U.S. Treasury securities, offering real-time transparency and cross-chain compatibility.
Ajay Mittal, Vice President of Product Strategy at MetaMask, stated that this is the first stablecoin launched by a self-custodial crypto wallet and will serve as the default digital dollar unit within the MetaMask ecosystem. Users will be able to deposit, hold, exchange, transfer, and perform cross-chain operations with mUSD directly within MetaMask, with plans to spend via the MetaMask Card at merchants accepting Mastercard by the end of the year.
Earlier reports indicated that sources revealed MetaMask may announce its mUSD stablecoin plans this week.
