MetaMask Issues Its First Stablecoin, mUSD, via Stripe’s Bridge & M0 Infrastructure

MetaMask is entering the stablecoin arena with the introduction of MetaMask USD (mUSD)—a native U.S.-dollar–pegged stablecoin issued directly through its wallet platform. This marks a pivotal shift in how digital dollars can be integrated and accessed by users in the Web3 ecosystem.

The new stablecoin leverages Bridge, Stripe’s recently acquired stablecoin issuance platform, which manages regulatory compliance, reserve backing, and issuance infrastructure. It also harnesses the decentralized framework of M0, designed to support interoperable, composable, and transparent stablecoin issuance.

At launch, mUSD will be available on both the Ethereum network and Linea, a Layer-2 blockchain developed by MetaMask’s parent company, ConsenSys, with cross-chain expansion plans underway.

Bridge and M0 bring complementary strengths to the table: Bridge ensures licensing, reserve management, and regulatory compliance, while M0 offers a modular infrastructure built for interoperability and developer control. According to M0’s co-founder and CEO, Luca Prosperi, this integration empowers platforms like MetaMask to “control the digital dollar stack” and deliver superior end-user experiences more rapidly than before.

MetaMask’s stablecoin is positioned to be deeply embedded into its wallet ecosystem, streamlining use cases such as on-ramps, swaps, transfers, and cross-chain operations. In the future, real-world merchant payments through the MetaMask Card may also be supported.

This launch places MetaMask among a growing set of Web3-first wallets developing native stablecoin solutions—highlighting a broader trend toward “wallet-native, cross-chain stablecoins,” which aim to simplify digital dollar access while skipping traditional complexities like separate issuance and compliance frameworks.