Crypto wallet MetaMask launches native stablecoin

Self-custodial crypto wallet MetaMask is launching its own native stablecoin, which will be issued by Stripe-owned Bridge.

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MetaMask USD ($mUSD) will be integrated into MetaMask’s wallet, promising users a seamless, dollar-denominated stablecoin experience for holding, spending, and transacting in web3.

The stablecoin will initially launch on Ethereum and Linea, the EVM-equivalent layer-2 blockchain created by Consensys, the company that developed MetaMask.

Users will also be able to spend $mUSD at millions of merchants around the world via the MetaMask Mastercard card.

MetaMask is not issuing…

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