MetaMask Rumored to Develop mmUSD Stablecoin with Stripe Integration

Reports suggest MetaMask is exploring mmUSD stablecoin with payment giant Stripe. Proposal to add mmUSD to Aave pools appeared, then was quickly removed from forum. Community expects rapid adoption but notes high competition and unclear regulations. Reports have emerged on social network X (formerly Twitter) that MetaMask is considering launching its own mmUSD stablecoin, rumored to be developed in partnership with payment processor Stripe. The initiative first surfaced on the Aave Governance forum, where the TokenLogic group submitted a proposal on August 5, 2025, to add mmUSD to Aave v3 pools on Ethereum and Linea. However, the post was later removed from the forum, and screenshots of the proposal now circulate on social media as the only evidence. According to these reports, mmUSD is designed to ease blockchain interactions for MetaMask users, with Stripe integration targeting better regulatory compliance and lower transaction costs. Community members have shown significant interest, arguing that collaboration with Stripe could bridge the gap between traditional finance and decentralized platforms. Experts believe MetaMask’s large user base could help the new stablecoin gain traction rapidly. Special attention is given to the Seed Vault mechanism, which aims to enhance security for digital assets. mmUSD is expected to support DeFi transactions, payments for goods and services, and convenient transfers akin to traditional online payments. However, experts warn that launching a new stablecoin poses major risks due to stiff competition and regulatory uncertainty. Despite no official confirmation and the removal of the original proposal, discussion continues in the crypto community. MetaMask and Stripe have both declined to comment on the rumors. Previously, MetaMask launched its Stablecoin Earn feature, allowing users to earn profits on USDC, USDT, or DAI deposits through in-app integration with Aave, without needing third-party platforms.