MetaMask launches new self-custodial Money Account! Enjoy 4% yield on mUSD, seamless card spending.

Decentralized wallet leader MetaMask welcomes an epic evolution! According to foreign media reports, MetaMask's parent company Consensys officially launched a new self-custodial account called "Money Account" today (30th). This feature is built on the high-performance public chain Monad, focusing on a "trinity" of stablecoin yields, on-chain transactions, and real-world spending. Users can not only earn up to 4% passive income through its native stablecoin mUSD but also spend via card anytime, completely颠覆ing the traditional Web3 wallet experience.
(Previous report: MetaMask founder Dan Finlay leaves Consensys: Choosing family after a decade of burning out, already tired of blockchain)
(Background supplement: South Korea cracks down on crypto investment tax evasion! Even MetaMask can't escape, scanning 70 million coins and 45 chains)

Table of Contents

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• Built on the Monad public chain, core asset mUSD debuts
• Seamless integration of earning yields and real-world spending
• Joe Lubin: Let your money work for you in MetaMask

At a historic moment when the total market cap of stablecoins has officially surpassed $320 billion, the world's largest Web3 wallet MetaMask has decided to bring revolutionary changes to the application scenarios of crypto assets. According to foreign media reports, MetaMask's parent company Consensys on June 30, 2026,重磅released a new feature — Money Account, declaring MetaMask's formal transformation from a mere cryptocurrency "safe" to a comprehensive financial platform that combines savings, spending, and trading.

Built on the Monad public chain, core asset mUSD debuts

This new feature called Money Account is an innovative account that fully retains the "Self-custodial" characteristic. It is not built on the traditional Ethereum mainnet but has chosen the highly anticipated high-performance public chain Monad as its underlying infrastructure.

At the same time, MetaMask has launched its own USD-pegged stablecoin mUSD as the core asset of this account. Users simply deposit stablecoins into the Money Account, and the funds are automatically allocated to secure decentralized lending protocols (DeFi) to generate interest. Currently, this feature has integrated the Morpho protocol first, with future plans to include top lending platforms like Aave, offering users a floating annual percentage yield (APY) of up to 4%.

Seamless integration of earning yields and real-world spending

In the past, Web3 users had to go through cumbersome cross-chain, authorization, and staking operations to earn DeFi yields. To convert funds into spendable cash, they had to navigate multiple layers of unlocking and exchange withdrawals. The birth of Money Account has completely broken down this barrier.

| Money Account Core Highlights | | --- | Feature Details and Advantages | | --- | --- | | Passive Yield | Automatically integrates Morpho (Aave to be added in the future) to earn up to 4% stablecoin APY without manual operation. | | Real-World Spending | Perfectly integrates with MetaMask Card. Funds in the account that are generating yield can be spent directly at global Mastercard merchants without the need to unlock in advance. | | On-Chain Trading | Funds can be used at any time for token swaps, perpetual contracts, or prediction market trading within MetaMask. | | Self-Custody | Unlike centralized exchange (CEX) wealth management products, users fully control their private keys and asset sovereignty from start to finish. |

Joe Lubin: Let your money work for you in MetaMask

The launch of this product precisely captures the massive trend of stablecoins evolving from a simple "transfer medium" to a "practical financial tool." Joe Lubin, founder and CEO of Consensys and co-founder of Ethereum, expressed high expectations for this:

"People have been accumulating wealth in MetaMask, but in the past, they couldn't keep these assets working there. With Money Account, everything changes. The moment you deposit funds, you start earning yields, and you can spend them immediately when needed."

It is worth noting that in addition to Money Account, MetaMask has been active recently, also launching an "AI agent wallet with built-in security mechanisms" to assist crypto transactions. These consecutive product combinations show that MetaMask is trying to significantly lower the barrier for the general public to enter the Web3 financial world, truly integrating cryptocurrency into daily payment and financial management.