MetaMask and Stripe Prepare to Launch mmUSD Stablecoin, What’s the Project Like?

Jakarta, Pintu News – MetaMask, a leading digital wallet, is rumored to be launching its latest stablecoin, MetaMask USD (mmUSD), in partnership with Stripe. The governance proposal shared in their ecosystem reveals that mmUSD will be an integral part of MetaMask’s wallet services.

Although it is still in its early stages and there is no definite launch date, the project shows MetaMask’s new direction in the digital finance ecosystem.

Check out the full information in this article!

What are Stripe’s Tasks?

According to the proposal circulating, Stripe will be in charge of mmUSD issuance, while the M^0 network will organize decentralized issuance and settlement. This cooperation marks a major step for MetaMask in integrating broader financial operations within its platform.

The stablecoin is designed to be stable and liquid, able to be used across all MetaMask features, from token exchanges to payments. The mmUSD stablecoin is expected to become the default currency for millions of MetaMask users if successfully accepted by the market.

With over $250 billion worth of stablecoins in circulation today, up from just a few billion dollars in 2020, this asset class has become one of the strongest pillars of the crypto world. Nearly 99% of stablecoins in circulation are tied to the American dollar, a dynamic even Federal Reserve Governor Christopher Waller recognizes.

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What is the Purpose of launching mmUSD?

The launch of mmUSD follows the debut of a crypto-linked debit card by MetaMask, built with Mastercard and Baanx. The card allows users to spend crypto directly from their MetaMask wallet without requiring bank involvement or manual top-ups.

Simon Jones, CCO of Baanx, stated that the goal of the card is to create a “non-custodial neobanking” experience that combines blockchain principles with everyday payments. If mmUSD successfully launches, it will mark a major step in MetaMask’s endeavor to evolve into more than just a Web3 wallet.

MetaMask’s ambition is to become a full-scale financial interface for crypto users around the world, integrating digital payments in everyday life more seamlessly and efficiently.

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mmUSD Innovation

The development of mmUSD by MetaMask and Stripe demonstrates the acceleration of innovation in the stablecoin space. With this partnership, both companies seek to expand the use of stable and reliable digital currencies across multiple platforms.

It also demonstrates MetaMask’s commitment to improving the functionality and ease of use of its digital wallets, in line with the growth and evolution of the global crypto market.

The presence of mmUSD is expected to strengthen MetaMask’s position as a leader in blockchain-based financial solutions. With seamless integration between various financial services and blockchain technology, MetaMask and Stripe are at the forefront of the secure and efficient digital payment revolution.

Conclusion

With the planned launch of MetaMask USD (mmUSD) with Stripe, MetaMask not only strengthens its position as a leading digital wallet provider but also as an innovator in digital financial services. This project, if successful, will change the way millions of users interact with the digital economy, making mmUSD the backbone of their transactions.

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Reference

• Crypto Times. Is MetaMask Launching a Stablecoin with Stripe?. Accessed on August 7, 2025
• Featured Image: DL News