MetaMask Set to Launch Dollar-Pegged Stablecoin mUSD With Major Partners

• MetaMask prepares to launch mUSD stablecoin backed by dollar reserves.
• Strategic partners Bridge, M^0, and Blackstone support MetaMask stablecoin.
• mUSD integrates with MetaMask Card for global Mastercard payment access.

MetaMask, the most widely used Ethereum wallet, is preparing to roll out its first stablecoin. According to sources familiar with the development, the new token will be called MetaMask USD (mUSD) and is expected to launch by the end of August 2025.

The digital currency will be backed 1:1 by the U.S. dollar and assets. Transparency controls will enable the reserves to be monitored in real time, which is in line with the expectation of the issuers of stablecoins to provide evidence of backing.

Also Read: New Crypto Sprint Puts CFTC at Center of Trump’s Digital Asset Revolution

Partnerships Driving the Stablecoin Rollout

MetaMask has assembled a strong network of partners to support the project. Bridge, the payments facilitator acquired by Stripe in 2024, will process payments. Stablecoin issuance protocol M0 is also supplying the infrastructure to issue mUSD.

Institutional control will also be involved in the project, with Blackstone in charge of custody and treasury operations for the token reserves. This amalgamation merges decentralized technology with entrenched financial know-how.

Direct Wallet Integration and Payments Expansion

MetaMask has confirmed that mUSD will integrate directly into its wallet ecosystem. The token will be accepted during everyday payments and linked to the new MetaMask Card. Consequently, users will be able to use mUSD on a global merchant network by the end of the year.

According to mUSD co-founder Luca Prosperi, the infrastructural framework behind mUSD will assist projects in launching digital dollars quickly. Likewise, Bridge co-founder Zach Abrams said that the issuance of tokens now takes weeks, as opposed to protracted integration periods.

Stablecoin Market Growth and Regulation

The launch comes at a time when stablecoins are gaining traction in both policy and finance. The U.S. Congress recently adopted the GENIUS Act, creating a framework of dollar-linked tokens. Large banks such as JPMorgan Chase and Bank of America are also working on their own stablecoin plans.

The market data indicate that the stablecoin industry is now worth $280 billion. Standard Chartered analysts estimate that this can increase to $750 billion in 2026. The sector’s growth was strengthened by Circle’s public listing, which was accompanied by significant investor demand.

MetaMask’s upcoming stablecoin, mUSD, signals a new stage in its expansion beyond wallet services. With support from major partners in payments, issuance, and treasury management, the token is positioned to strengthen MetaMask’s role in digital finance.

Also Read: Arthur Hayes Flips Bullish, Predicts Ethereum Could Soar to $20,000 This Cycle

The post MetaMask Set to Launch Dollar-Pegged Stablecoin mUSD With Major Partners appeared first on 36Crypto.