The post MetaMask Prepares to Launch mUSD Stablecoin by End of August 2025 appeared on BitcoinEthereumNews.com.

TLDR MetaMask is preparing to launch its mUSD stablecoin, pegged to the U.S. dollar, by the end of August. The company is partnering with Bridge and M^0 to develop and issue the new stablecoin. Blackstone will provide custody and treasury management services for the mUSD stablecoin. MetaMask will expand its fiat off-ramp services to support 10 additional blockchain networks. Users will initially be able to off-ramp ETH, BNB, and Polygon tokens, with more assets added over time. The launch of mUSD positions MetaMask as a more prominent player in the growing stablecoin market. MetaMask is preparing to launch its own stablecoin, mUSD, pegged to the U.S. dollar. The new token is expected to be officially revealed later this week, with a full rollout set for the end of August. This marks a significant step for MetaMask, a crypto wallet with over 30 million active monthly users. The company aims to capture a share of the yield from its stablecoin reserves, which are typically held in short-term U.S. Treasuries. MetaMask Partners with Bridge and M^0 for mUSD Development MetaMask is collaborating with Bridge, a payments facilitator acquired by fintech giant Stripe, to develop mUSD. The stablecoin issuance protocol M^0 is also part of the partnership, helping to launch the new token. MetaMask is seeking to create a fully integrated ecosystem, with mUSD positioned as a key asset in its growing platform. According to sources, Blackstone, an alternative asset manager, will handle custody and treasury management for mUSD. This further strengthens MetaMask’s position in the stablecoin market. A representative from Bridge stated, “Our goal is to streamline the crypto-to-fiat process for users while providing them with reliable, secure options. ” MetaMask Expands Fiat Off-Ramp Services Across Multiple Networks In addition to launching mUSD, MetaMask is expanding its fiat off-ramp services. The company…

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Filed under: News - @ August 14, 2025 2:28 am