MetaMask, the leading self-custodial wallet owned by Consensys, has announced the rollout of its wallet-native dollar stablecoin, MetaMask USD (mUSD). This move marks a significant milestone for the Web3 ecosystem, offering users an easier and more secure way to transact across decentralized applications.
What is MetaMask mUSD?
The mUSD stablecoin will be backed 1:1 by dollar-equivalent reserves, ensuring stability and trust. It will be natively integrated into the MetaMask wallet, enabling users to on-ramp, trade, lend, and spend digital assets seamlessly.
MetaMask confirmed that mUSD will debut later in 2025 on the Ethereum blockchain and Linea network—an EVM-compatible layer-2 solution developed by Consensys. The stablecoin will also leverage the M0 liquidity platform, ensuring efficient cross-chain transactions.
The launch of mUSD is designed to simplify the self-custodial journey. With MetaMask being one of the most widely used wallets, the integration of a native stablecoin will:
- Reduce costs for transactions.
- Enhance cross-chain interoperability through M0’s liquidity network.
- Enable easy access to DeFi applications within the MetaMask ecosystem.
- Provide real-world usability via the upcoming MetaMask Card, developed in partnership with Mastercard, allowing users to spend mUSD for everyday purchases.
Regulatory Clarity and the GENIUS Act
This announcement comes after the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act was signed into law by President Donald Trump on July 18, 2025. The law provides clear guidelines for stablecoin issuance, reserve backing, and disclosure requirements, creating a favorable environment for projects like mUSD.
MetaMask joins a growing list of major players entering the stablecoin space. On the same day, World Liberty Financial, backed by President Trump, minted 9% of its USD1 stablecoin supply, signaling increasing competition in the regulated stablecoin market.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.