Ah, MetaMask! The beloved Ethereum wallet that has become as essential to crypto enthusiasts as a good cup of coffee on a Monday morning. And now, in a move that can only be described as audacious, they’ve decided to launch their very own stablecoin. Yes, you heard that right! A stablecoin! Because what the world really needs is another digital currency to keep track of. 🙄
In a recent thread on X (formerly known as Twitter, because why not change names like we change socks?), MetaMask announced that they’re teaming up with the payments platform Stripe and the stablecoin minter M0. Together, they’re concocting something called MetaMask USD (mUSD). It’s set to launch sometime later this year, though if you’re hoping for a specific date, you might as well start a countdown to the next lunar eclipse instead. 🌒
This is a historic moment, folks! It’s the first time a crypto wallet has decided to roll out its own dollar-pegged asset. I mean, who wouldn’t want a stablecoin that’s as stable as a three-legged chair? 🪑
“Today, we’re announcing MetaMask USD (mUSD) – MetaMask’s native stablecoin. We’re the first self-custodial wallet to launch a stablecoin, and we have big plans for it,” they proclaimed, probably while wearing sunglasses indoors. “Built with Bridge, a Stripe company, and M0, a stablecoin platform, MetaMask USD will be a very important part of MetaMask.”
“MetaMask USD will support on-ramps, swaps, and bridging, offer a dollar-denominated experience for holding, spending, and transacting, and soon be spendable via the MetaMask card at millions of Mastercard merchants.” Because nothing says “I’m a savvy investor” quite like using a crypto wallet to buy a cup of overpriced coffee. ☕️
According to the MetaMask oracle (or their press release, if you want to be technical), this shiny new dollar-pegged digital asset will be launched over the Ethereum blockchain and Linea, a zero-knowledge (ZK) Ethereum layer-2 scaling solution developed by ConsenSys. Yes, that’s the same firm that birthed MetaMask. Talk about keeping it in the family! 👨👩👧👦
“MetaMask USD will launch later this year on Ethereum and LineaBuild, where it is positioned to play a foundational role in the Linea ecosystem.” So, if you’re a fan of ecosystems that sound like they belong in a science fiction novel, you’re in for a treat!
MetaMask first graced the world with its presence in 2016 as a humble desktop-only browser extension. Fast forward to 2019, and it had grown up into a standalone app. Now, it boasts over 30 million users, making it one of the most popular crypto wallets in the universe. Or at least, in the part of the universe that cares about cryptocurrencies. 🚀
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2025-08-22 01:55