MetaMask announced the launch of its native stablecoin, MetaMask USD (MUSD), which will be used in decentralized applications (dApps), DeFi protocols, and for payments via the MetaMask Card.
The team behind non-custodial wallet MetaMask revealed the rollout of its own dollar-pegged stablecoin. The issuance and reserve management of MetaMask USD will be handled by Bridge, a platform owned by payment giant Stripe, while decentralized infrastructure and on-chain liquidity will be provided by the M0 protocol.
MetaMask USD will be fully backed 1:1 by high-quality, highly liquid U.S. dollar assets, with real-time access to on-chain reporting.
The initial launch of MUSD will take place on the Ethereum and Linea networks, where it’s expected to become a core asset of the DeFi ecosystem. Plans include integration into major protocols such as lending markets, DEXs, and custodial platforms to ensure deep liquidity and growth in total value locked (TVL).
MetaMask will publish technical details and user instructions in the coming weeks, with the full-scale launch of MUSD expected before the end of the year.
From day one, the stablecoin will be available directly in the wallet for on-ramp transactions, swaps, transfers, and cross-chain operations. By the end of 2025, MUSD is also expected to be available for use with the MetaMask Card, enabling payments at millions of merchant locations connected to Mastercard’s network.
Gal Eldar, Product Lead at MetaMask, noted that the launch of MUSD will remove key barriers for new users entering the Web3 space, greatly simplifying the process of directly funding a non-custodial wallet and using those funds across a wide range of scenarios.
“Issuing a custom stablecoin used to take more than a year of complex integrations. With our issuance technology, we’ve reduced that timeline to a matter of weeks,” said Zach Abrams, CEO of Bridge. Meanwhile, M0 CEO Luca Prosperi emphasized that the protocol enables developers to customize stablecoin technology, optimizing it for interoperability and liquidity.
Max Krupyshev, CEO of CoinsPaid, highlighted in a 2025 report for the American Chamber of Commerce Estonia that dollar stablecoins are driving deeper integration of crypto into business processes because they meet real user needs while providing stability, universality, and ease of integration.
In late April 2025, MetaMask, in partnership with FinTech company Baanx and premium card manufacturer CompoSecure, announced the release of the physical MetaMask Metal crypto card.
