MetaMask may announce its own US dollar stablecoin mUSD this week.
2025-08-13 18:58:34
According to people familiar with the matter, MetaMask, a well-known crypto wallet in the Ethereum ecosystem, plans to announce the details of its US dollar-pegged stablecoin mUSD as early as this week, and is expected to be officially launched by the end of this month. mUSD will be assisted by Bridge, a payment stablecoin service provider acquired by financial tech giant Stripe this year, and M ^ 0, a stablecoin issuance agreement. At the same time, alternative asset management company Blackstone will be invited to provide custody and fund management services. MetaMask has over 30 million MAU users, and the issuance of stablecoins aims to share the income of
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