MetaMask is preparing to launch its own stablecoin mmUSD
Date: 2025-08-15 Author: Oliver Abernathy Categories: BUSINESS
The developers of the popular crypto wallet MetaMask are planning to introduce their own stablecoin in the coming days, the rate of which will be pegged to the US dollar. According to a source familiar with the situation, the release of MetaMask Stablecoin (mmUSD) is scheduled for August 14. The project is being implemented in cooperation with the payment platform Stripe and with the participation of M0, a company specializing in tools for creating stablecoins.
The new coin will be integrated into the MetaMask ecosystem and will become available for transactions within the wallet, including the purchase of other cryptocurrencies. It is expected that the release will take place on the Ethereum blockchain, which is the main network for MetaMask.
The first rumors about the appearance of mmUSD began to spread last week, when a proposal for its implementation was added to the Aave credit protocol. However, the initiative was soon removed — as the head of the decentralized organization Aave Mark Zeller explained, this happened due to premature publication.
According to experts, the launch of its own stablecoin will allow MetaMask to receive significant income due to commissions when making transactions with mmUSD. The segment of stable digital currencies continues to grow rapidly, and their market capitalization is increasing, which makes the release of such an asset a potentially profitable step.
Dollar stablecoins have already taken an important place in the crypto market due to minimal volatility and ease of use. They are used for transfers, storage of funds and trading, and their popularity encourages leading companies to develop their own analogues. MetaMask, with a large user base, has every chance of taking a significant share of this market.
The upcoming launch of mmUSD may also affect the competition between existing stablecoins, such as USDT and USDC. Integration into the functionality of the wallet, which is used by millions of traders and investors around the world, will give the new token a significant advantage.
Thus, the release of mmUSD will be an important step for MetaMask in expanding its financial services and strengthening its position in the crypto industry. If the forecasts come true, the company will be able to not only increase revenues, but also offer users even more tools for safe and convenient work with digital assets.
