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MetaMask launches Money Account with stablecoin yield and spending in one wallet
3 sourcesFirst reported 22 days agoUpdated 22 days ago
Untold
No left-leaning outlet covered this story. You are only seeing one side of the political spectrum.
Untold
No right-leaning outlet covered this story. You are only seeing one side of the political spectrum.
Center 100%
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No left-leaning outlets covered this story. Coverage comes exclusively from centrist or right-leaning sources. Left-leaning media may consider the story insignificant, or the story challenges progressive narratives. Seek out left-leaning commentary to complete the picture.
What all sources covered
- MetaMask has launched a new product called Money Account that combines stablecoin yield and spending features.
- The Money Account offers users up to 4% variable annual percentage yield (APY) on mUSD stablecoin balances.
- The product leverages decentralized finance (DeFi) through vaults to generate yield and is not available to customers in the UK and EU.
- Consensys, the parent company of MetaMask, has selected Monad as the "home chain" for the Money Account and will use Morpho vaults to facilitate yield generation.
- The launch is part of a broader initiative to enhance the utility of stablecoins beyond mere trading and transfers.
3 sources
Who reported first
CoinDeskFirst
Cointelegraph+0m
The Block+0m
All coverage
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MetaMask launches Money Account with stablecoin yield and spending in one wallet
CoinDesk· 22 days ago
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MetaMask launches stablecoin yield account with card spending
Cointelegraph· 22 days ago
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MetaMask unveils all-in-one Money Account offerings users up to 4% APY on mUSD holdings
The Block· 22 days ago