MetaMask is reportedly preparing to launch its stablecoin this week
The #MetaMask stablecoin (mUSD) was revealed to be in development after a governance proposal was accidentally published and quickly removed last week. The stablecoin is supported by partnerships with #Bridge for payments infrastructure, #M0 for issuance, and #Blackstone for custody and treasury management.
MetaMask’s decision to launch a branded stablecoin is motivated by the chance to earn a share of the yield from underlying stablecoin assets, typically short-term, highly liquid securities like U.S. Treasuries.
👉 coindesk.com/business/2025/08/13/ethereum-wallet-metamask-said-to-unveil-its-own-musd-stablecoin-this-week