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MetaMask launches Money Account, a one-stop support for stablecoin interest, payments, and trading.

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ME News, June 30 (UTC+8), MetaMask parent company Consensys announced the launch of a new self-custodial account, Money Account, integrating stablecoin yield, payments, and trading features, further expanding the application of stablecoins in everyday financial scenarios. Built on the Monad blockchain, Money Account is centered around MetaMask's own dollar stablecoin, mUSD. Users can automatically allocate funds to decentralized lending protocols such as Morpho to earn a floating annualized yield of up to approximately 4%, with Aave support to follow, while always retaining self-custody of their assets. Additionally, users can directly spend account funds at merchants that support Mastercard via the MetaMask Card, and can also participate in token swaps, perpetual contracts, and prediction market trading directly within MetaMask, without needing to manually transfer funds between different protocols. Consensys founder and CEO, and Ethereum co-founder Joe Lubin stated that Money Account will enable users to grow their assets and spend instantly within MetaMask, further advancing stablecoins from trading tools to everyday payment and wealth management instruments. (Source: BlockBeats)
MON3.79%
MORPHO13.38%
AAVE-1.79%
ETH0.37%
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