MetaMask has introduced a unified Money Account in the mUSD stablecoin based on the Monad network, offering up to 4% annual interest without lockups, minimum amounts, or opening fees.

Funds remain accessible at any time. The balance can be used for trading tokens, perps, tokenized stocks and ETFs, transfers to any network, as well as spending via the MetaMask Card with up to 3% cashback from Mastercard merchants.

mUSD is backed 1:1 by U.S. dollars and short-term U.S. Treasury bonds held in a regulated custodian. The issuer is Bridge (a subsidiary of Stripe). The yield infrastructure is built on Veda and Steakhouse Financial.

You can fund your account with USDC, USDT, DAI, mUSD, or via bank card, PayPal, Apple Pay, and Google Pay. Yield starts accruing from the moment funds are credited.

Money Account is available in MetaMask Mobile v8.0.0 and later on iOS and Android.