MetaMask launches mUSD stablecoin
Key Takeaways
- MetaMask, the widely used crypto wallet, has launched its own USD-backed stablecoin named mUSD.
- The wallet’s large global user base could accelerate adoption in a market led by USDT and USDC.
Share this article
MetaMask launched its USD-backed stablecoin mUSD today, marking the popular crypto wallet’s entry into the stablecoin market.
The digital asset, officially called MetaMask USD and trading under the ticker mUSD, went live according to an announcement from the company. MetaMask, owned by Consensys, serves as one of the most widely used Ethereum wallets with millions of users globally.
The launch adds another competitor to the crowded stablecoin space, where Tether’s USDT and Circle’s USDC currently dominate trading volumes. MetaMask’s existing user base could provide immediate adoption for the new token.
Share this article
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
PoolX x Bitget Earn SWTCH promotion
New spot margin trading pair — AVNT/USDT!
Crypto Loan Carnival round 24: Borrow USDT, USDC to enjoy an APR discount of up to 40%
Crypto Loan Carnival round 25: Borrow ETH, SOL to enjoy an APR discount of up to 40%
Crypto prices
More








