22-8-2025 – MetaMask, a leading self-custodial crypto wallet, has launched MetaMask USD (mUSD), a new stablecoin aimed at enhancing decentralized finance (DeFi) on Ethereum and Consensys’ Linea network. Issued by Bridge, a Stripe subsidiary, mUSD is fully backed 1:1 by liquid dollar-equivalent assets, ensuring transparency and regulatory compliance, as first reported by CoinDesk.
Developed by Consensys, mUSD integrates directly into MetaMask’s ecosystem, enabling seamless on-ramps, swaps, and cross-chain bridging. The stablecoin will also power real-world payments via the MetaMask Card, accepted at Mastercard merchants by year-end. Gal Eldar, MetaMask’s Product Lead, stated that mUSD simplifies Web3 onboarding, allowing users to “bring their money on-chain” and engage in DeFi or everyday transactions. With Ethereum priced at $4,250.86 and a market cap of $513.11 billion, the launch aligns with strong market momentum, despite a 2.41% dip in the last 24 hours.
The mUSD debut, supported by Stripe’s institutional credibility and M0’s blockchain infrastructure, positions MetaMask as a key player in the $280 billion stablecoin market.
