MetaMask, the world’s most widely used Ethereum wallet provider, is introducing its own stablecoin pegged 1:1 to the U.S. dollar. The token, named MetaMask USD (mUSD), is expected to go live by the end of August 2025, according to sources familiar with the matter.
The stablecoin project involves a network of major partners across payments, issuance, and treasury management. Bridge, a stablecoin payments facilitator acquired by Stripe for $1.1 billion in 2024, has been assigned to provide payment processing technology.
MetaMask has also part…
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