Rumor: MetaMask will launch the stablecoin mUSD at the end of this month, with help from Blackstone and Stripe.

Market news suggests that MetaMask will partner with Blackstone and Stripe’s Bridge to launch the stablecoin mUSD, emphasizing a 1:1 reserve and compliance with the GENIUS Act. (Background: The new battlefield for stablecoins: the Layer 1 route battle between Stripe and Circle) (Context: When technology meets forex barriers: Why is the growth of stablecoins difficult to break the “traditional dilemma”?) According to CoinDesk reports, sources indicate that the wallet MetaMask (little fox) plans to launch the dollar stablecoin mUSD by the end of August 2025. The source comes from a governance proposal that “briefly appeared” on a forum and was subsequently deleted, but it revealed the collaboration lineup: asset management firm Blackstone and payment service provider Bridge under Stripe. The cross-industry lineup and technical architecture Blackstone will be responsible for the custody and fund management of the mUSD reserves, with asset allocation locked in low-risk instruments such as short-term U.S. Treasury bonds, to ensure a 1:1 dollar peg and generate interest income. Bridge will provide fiat in-and-out, settlement, and payment infrastructure, allowing mUSD to circulate seamlessly between traditional finance and the crypto ecosystem. Additionally, the decentralized protocol M^0 will participate in the minting and management processes, injecting a transparent governance mechanism into the token issuance. This combination of “institutional-grade custody + tech payments” marks a deep integration of traditional finance and Web3, paving the way for MetaMask’s over 30 million monthly active users to access compliant stablecoin channels. Compliance route mUSD will operate under the new U.S. stablecoin law GENIUS Act, committing to publicly disclose reserve proofs monthly and execute KYC/AML procedures. MetaMask states that mUSD will serve as the primary medium of exchange within the wallet, providing a more stable and lower-fee trading experience compared to volatile coins, while also opening up new revenue sources through reserve income. Its clear intention is to directly target the market leaders USDT and USDC, expected to bring a new round of competition to the stablecoin market. Related reports MetaMask will update the “no mnemonic phrase” feature, ConsenSys acquires Web3Auth signaling a new era for wallets MetaMask founder Dan Finley “talks about the future of wallets”: Will they issue coins? AI agents, sustainability of income. (Rumor: MetaMask will launch stablecoin mUSD at the end of this month, with assistance from Blackstone and Stripe) This article was first published in BlockTempo “Dynamic Trends - The Most Influential Blockchain News Media.”