MetaMask Unveils mUSD Stablecoin: Boosting DeFi Accessibility

MetaMask has taken a significant step forward in the stablecoin landscape, launching its native stablecoin, mUSD, on both Ethereum and Consensys’ Layer-2 blockchain, Linea. This move promises to significantly enhance decentralized finance (DeFi) by bringing over 100 million users into the fold. The integration of mUSD directly within MetaMask wallets empowers users to conduct seamless transactions and engage with DeFi applications. Bridge, a Stripe company, acts as the issuer of mUSD, leveraging M0’s infrastructure for stablecoin issuance. This marks a landmark achievement in self-custodial wallet stability.