MetaMask Shakes Up Stablecoin Arena: mUSD Launch Targets Ethereum and Linea Dominance

ConsenSys' wallet giant MetaMask drops its native stablecoin play—mUSD enters the fray on Ethereum and its Layer 2 solution Linea.

Why This Matters

MetaMask isn't just holding your keys anymore. With mUSD, it's diving headfirst into the $150B+ stablecoin market, challenging incumbents like USDT and USDC. The move leverages MetaMask's massive user base—tens of millions of wallets—and deep integration across DeFi.

The Linea Angle

Launching on Linea isn't an accident. It's a strategic bet on scaling—cheaper transactions, faster settlements, and a smoother user experience. Expect mUSD to become the go-to stable asset for swaps, lends, and pays within the MetaMask ecosystem.

Market Ripples

This isn't just another stablecoin. It's a vertical integration play—MetaMask controlling the entire stack from wallet to dollar-pegged asset. Competitors are watching closely, especially with ConsenSys' regulatory savvy and existing banking partnerships.

One cynical finance jab? Because the world definitely needed another stablecoin—until this one actually makes gas fees tolerable.