The post MetaMask’s native mUSD stablecoin expected to launch on Ethereum and Linea appeared on BitcoinEthereumNews.com.

MetaMask, the Ethereum wallet developed by Consensys, has announced plans to launch its own native stablecoin, MetaMask USD (mUSD). In mUSD, the firm will integrate the stablecoin directly into its self-custodial crypto wallet ecosystem. According to earlier reports by Cryptopolitan, the newly unveiled stablecoin will be fully backed by US dollar cash reserves and short-term Treasury securities.  BREAKING: @MetaMask launches its stablecoin mUSD on Ethereum & Linea. Issued by Bridge, a Stripe company, launching later this year, backed 1:1 by cash & U.S. Treasuries. Debit card payments are coming too. pic.twitter.com/DbKMaKOb1p — Cryptopolitan (@CPOfficialtx) August 21, 2025 The token will be issued by Bridge, a subsidiary of Stripe, and adhere to compliance requirements under the recently enacted GENIUS Act, the first federal legislation regulating payment stablecoins. mUSD to trade under the dollar unit MetaMask executives said the stablecoin will be issued as the default digital dollar unit in the wallet’s ecosystem, streamlining transactions for its more than 100 million global users. By being native to the wallet, users can use mUSD to convert between crypto assets and dollar-pegged tokens without third-party services. Ajay Mittal, vice president of product strategy at MetaMask, explained that the yield generated from backing assets will support ecosystem improvements.  “MetaMask benefits from that yield, and in turn, it enables us to improve the user experience across the stack, from potentially lower costs and more seamless integrations,” Mittal remarked. At launch, expected later this year, mUSD will be available within the MetaMask wallet on both Ethereum and Linea, the layer-2 blockchain built by Consensys. By the end of the year, the company intends to add mUSD as a payment method for the physical MetaMask debit card, in partnership with Mastercard. Mittal told reporters that MetaMask USD is more than just another store of value. “Most stablecoins are…

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Filed under: News - @ August 21, 2025 3:29 pm