MetaMask has launched its own stablecoin, MetaMask USD (mUSD), which is unique because it is issued directly by the MetaMask wallet. This innovation allows users to maintain control over their funds without relying on a central platform. The introduction of mUSD is significant as it adds to the growing variety of dollar-pegged tokens in the market, enhancing user options and promoting financial autonomy.

MetaMask has launched the mUSD stablecoin, a new USD-backed digital asset, enhancing its crypto wallet offerings.