MetaMask launches Money Account, letting users earn up to 4% APY on mUSD while spending and trading from one self-custodial wallet account.
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Promote with Leviathan News$32M mUSD supply is tiny for a wallet distribution layer as big as MetaMask; the immediate trade is bootstrapping Monad and Morpho flow before the stablecoin has meaningful float. Routing idle wallet dollars into Morpho vaults curated by Steakhouse/Veda turns MetaMask into the UX layer for DeFi credit risk, and that risk gets harder to price once the same balance also funds Card spend, swaps, perps, and prediction markets. If 1:1 no-fee conversion from USDC/USDT/DAI holds at scale, wallets start owning the stablecoin relationship instead of just passing users through to someone else’s dollar.
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