🚨 MetaMask Launches Its Own Stablecoin: mUSD

🌐 The stablecoin wars just got hotter. MetaMask, one of the most widely used blockchain wallets, has announced mUSD, a stablecoin issued by Bridge (a Stripe company) and powered by M0’s decentralized infrastructure.

✅ Key Highlights:

• Launching on Ethereum & Linea (Consensys’ L2)

• Fully backed 1:1 by highly liquid dollar-equivalent assets

• Deep wallet integration for seamless swaps, transfers, onramps & bridging

• Coming soon: spend mUSD globally via MetaMask Card at Mastercard merchants

📢 This move follows the GENIUS Act and signals a new phase for regulated stablecoins. According to Gal Eldar, MetaMask Product Lead:

“MetaMask USD is a critical step in bringing the world onchain, reducing friction and costs for self-custody.”

💡 Why it matters:

• MetaMask now positions itself beyond a wallet—into payments & DeFi infrastructure

• Could accelerate global stablecoin adoption with real-world utility

• Strengthens self-custody as the default for Web3 onboarding

🔍 Do you think mUSD can challenge USDT & USDC—or will it just serve MetaMask’s ecosystem?

#MetaMask #Stablecoins #DeFi #Web3 #Blockchain

https://coingape.com/joseph-lubins-metamask-unveils-musd-as-stablecoin-market-heats-up/?utm_source=bnb&utm_medium=coingape