MetaMask Stablecoin Launches $mUSD: Can It Rival Giants USDC and USDT

MetaMask has just made waves in the crypto world with a game-changing announcement. The popular self-custody wallet is set to introduce its own digital dollar, MetaMask Stablecoin launch $mUSD.

This pegged currency slated for launch later this year, from Ethereum to Linea, and even real-world card payments, it wants to give its community a new way to hold and spend digital dollars. But what makes this update so special, and why?

mUSD Stablecoin Coming in 2025 on Ethereum Linea: Why Does It Matter?

According to the official announcement; MetaMask mUSD stablecoin will launch in 2025 across both Ethereum and Linea, Consensys’s in-house layer-2 chain.

This Stablecoin news today makes dual-network release with deep integration along DeFi markets, lending pools, and decentralized exchanges.

Unlike traditional pegged currencies, the company promises real-time transparency, 1:1 backing with U.S. cash and Treasuries, and cross-chain liquidity through M0’s decentralized infrastructure.

From Wallet to Card : How You’ll Spend $mUSD Anywhere

One of the most exciting features is the integration with the company’s card, which will allow people to spend this pegged-currency at any Mastercard-accepting merchant.

Imagine earning yield on short-term Treasuries and then tapping your wallet at a store counter. For regular users, this means mUSD stablecoin will not just be a “crypto dollar” but a reliable, composable currency across chains.

Users will also be able to on-ramp, swap, bridge, and transfer funds directly inside the official app.

Why Stripe and Bridge Make $mUSD Different from Other Coins

Behind the scenes, this blockchain dollar will be issued by Bridge, a stablecoin platform owned by Stripe. This Stripe partnership adds credibility, compliance assurance, and global payment connectivity.

Ajay Mittal, VP of product strategy at the company, explained that the underlying assets generate yield, which will help reduce costs and improve user experience.

Unlike centralized players, the company uses M0's decentralized liquidity layer to have transparency and cross-chain composability.

With the hybrid model's combination of traditional financial protections and Web3-native innovation, it could put the company ahead of major competitors like USDT and USDC.

Conclusion: MetaMask vs USDC USDT, Who Will Dominate?

With MetaMask news breaking , pegged-currencies are positioned to fill a critical bridge between traditional finance and digital assets.  With firms entering the scene, competition in the market is bound to heat up.

Competition in the pegged-currency market will only intensify. Assuming the project can deliver — from not just smooth on-chain use, but the usability with Mastercard — the MetaMask stablecoin could easily become a strong contender in the space with USDT and USDC.

For now, all eyes are on the official launch date in 2025. Whether you’re a DeFi trader, or simply following the crypto market, one thing is clear: mUSD is set to redefine how wallets and payments connect in the crypto economy.