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Key Developments - MetaMask officially announces the launch of its native stablecoin, MetaMask USD ($mUSD) [1] - This marks the first time a self-custodial wallet has introduced a fully integrated stablecoin, setting a new standard for stablecoin adoption in DeFi and Web3 [1] Technical Details - $mUSD is designed to be deeply integrated across the MetaMask ecosystem, supporting onramps, swaps, bridging, and future real-world spending through the MetaMask Card at millions of Mastercard merchants [1] - The stablecoin will initially launch on Ethereum and Linea, Consensys' fully EVM-equivalent Layer 2 network [2] - The asset is issued by Bridge, a Stripe company, and powered by M0, a decentralized stablecoin infrastructure platform [2] - $mUSD is fully backed 1:1 by highly liquid dollar-equivalent assets, offering transparency, compliance, and cross-chain interoperability [2] User Experience - At launch, MetaMask users will be able to use $mUSD for seamless transactions inside the wallet, including swaps, transfers, and bridging [3] - By the end of the year, it will also become usable in real-world payments through the MetaMask Card [3] - MetaMask describes $mUSD as a breakthrough in onboarding, reducing friction and costs for users entering Web3 [3]