MetaMask has officially released its native stablecoin, $mUSD, in a significant development in the Web3 wallet’s progression. The launch of $mUSD seeks to offer users a smoother and more stable form of transaction across decentralized apps with a decrease in dependence on external stablecoins.
By bringing $mUSD natively into the MetaMask universe, users might be able to access cheaper fees, faster transactions, and better liquidity in DeFi apps. It also sets up MetaMask as not only a wallet, but a more general financial infrastructure participant in the crypto economy.
The introduction of $mUSD is likely to receive much attention from both DeFi enthusiasts and mass-market users, likely redefining stablecoin adoption in Web3.