MetaMask USD is the first native stablecoin launched by a self-custodial wallet, soon to be deeply integrated into MetaMask’s ecosystem across dapps and DeFi protocols. This dollar-denominated stablecoin is a collaborative effort, built with Bridge, a Stripe company, and powered on-chain by M0, a decentralized stablecoin infrastructure. 

Once combined with MetaMask Card, $mUSD will provide a seamless experience for users to hold, spend, and transact anywhere in web3 or in real life at millions of Mastercard merchants. Card users can already receive rewards from each transaction through programs like Coinmunity Cashback with more to be announced in the future. 

A Foundational Asset for the Linea Ecosystem

With an exclusive launch on Ethereum and Linea, MetaMask USD is poised to supercharge Linea’s already powerful DeFi ecosystem. The native stablecoin will be integrated across core protocols like Etherex as well as other exchanges, lending markets and custodial platforms, unlocking deep liquidity and utility for users across Linea’s ecosystem.

By enabling native liquidity provisioning and seamless fiat onboarding, MetaMask USD will serve as a neutral, highly liquid asset that simplifies the process of bringing fiat currency on to Linea, already the best chain for ETH capital.

The launch of MetaMask USD comes at a time of increasing regulatory clarity, particularly with the passage of the U.S. GENIUS Act, which establishes a federal framework for regulating payment stablecoins. This development provides a strong foundation for the secure and compliant growth of stablecoin utility on Linea.

We are excited about the transformative impact MetaMask USD will have on the Linea ecosystem, further cementing our commitment to building the Layer 2 where Ethereum wins. Stay tuned for more technical details and user guides in the coming weeks by following Linea's channels for updates.