MetaMask Launches Native mUSD Stablecoin with Fiat On-Ramp Capabilities

MetaMask has officially launched its native stablecoin, mUSD, marking a strategic entry into the $280 billion stablecoin market. The asset, first announced in late August, is now live on ethereum and Linea, with plans for deep integration across MetaMask's ecosystem of apps, including swaps, on-ramps, and bridging services.

Partnering with Stripe, MetaMask aims to provide one of the lowest-cost fiat on-ramps in the industry. The mUSD stablecoin will also be spendable via the MetaMask Card at over 150 million merchants globally, enhancing its utility for mainstream adoption.

The launch aligns with regulatory trends under the US Genius Act, positioning mUSD as a compliant alternative in a competitive stablecoin landscape. Linea's recent token generation event and airdrop further bolster liquidity incentives for early adopters.