MetaMask Announces Plans for Native Stablecoin to Expand Web3 Ecosystem

MetaMask, one of the world’s most widely used Ethereum wallets, plans to launch its own dollar-pegged stablecoin, MetaMask USD (mUSD), later this year in partnership with Stripe’s Bridge and stablecoin platform M0.

The new token will be available on Ethereum and ConsenSys’ Linea, a zero-knowledge layer-2 network, and will integrate with MetaMask’s existing features such as on-ramps, swaps, bridging, and the MetaMask card for spending at Mastercard merchants. This marks the first time a self-custodial wallet issues a native stablecoin, highlighting MetaMask’s push to expand its role in payments and Web3 infrastructure.

Clever Robot News Desk 24^th August 2025