MetaMask Integrates mUSD as Native Stablecoin with Transak Onramp
MetaMask has unveiled mUSD as its first native stablecoin, partnering exclusively with Transak to streamline fiat-to-crypto onramps for U.S. and EU users. The integration eliminates third-party redirects, enabling direct purchases via SEPA, ACH, wire transfers, and major card networks within the wallet interface.
Transak's embedded solution promises 1:1 pricing transparency while reducing friction in Web3 payments. The collaboration signals MetaMask's push to dominate stablecoin utility—though fees remain undisclosed, the MOVE could pressure competitors to simplify their own onboarding flows.
Upcoming VIRTUAL IBAN functionality suggests MetaMask is building infrastructure for broader institutional adoption. This strategic play positions mUSD as a potential rival to USDC and USDT in wallet-based DeFi ecosystems.