The MetaMask cryptocurrency wallet has announced the launch of its own stablecoin MetaMask USD (mUSD), which will be directly integrated into the functionality of the solution.
The statement said that the issuance of the asset is managed by Bridge — a platform for issuing stablecoins owned by Stripe. Technical support is provided by the decentralized protocol M0, which specializes in liquidity and compatibility of digital dollars.
It is known that users will have two key use cases for $mUSD:
in the wallet (from the moment of launch): top-ups, swaps, transfers, and cross-network transactions;
in real life (expected by 2025): users will be able to use the asset for payments via the MetaMask Card.
Initially, mUSD will be available on the Ethereum and Linea networks.