MetaMask launches Money Account with stablecoin yield and spending in one wallet

Tech MetaMask launches Money Account with stablecoin yield and spending in one wallet The launch reflects a broader push to make stablecoins more useful beyond trading and transfers. By Margaux Nijkerk | Edited by Cheyenne Ligon Jun 30, 2026, 2:00 p.m. 2 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on Summary Show MetaMask has launched Money Account, a new feature that lets users earn up to 4% variable yield on stablecoins, spend them with the MetaMask Card and trade, all from one account. The launch is part of MetaMask's push beyond crypto wallets, as the company looks to combine saving, spending and trading into a single product for stablecoin users. MetaMask has launched a new self-custodial account that combines stablecoin yield, payments and trading in a single product, as wallet providers increasingly compete to become broader financial platforms rather than simple crypto storage tools. The new "Money Account," announced Tuesday by MetaMask parent Consensys, is built on the Monad blockchain and allows users to earn yield on stablecoin balances while spending funds through the MetaMask Card at merchants that accept Mastercard. The account is centered around mUSD, MetaMask's proprietary dollar-pegged stablecoin. Users who opt in can earn a variable annual percentage yield of up to 4% by having deposits automatically allocated to decentralized lending protocols including Morpho, with Aave integrations planned. Consensys said users retain custody of their assets throughout the process. The launch reflects a broader push to make stablecoins more useful beyond trading and transfers. The stablecoin market has grown to more than $320 billion, according to MetaMask, while crypto-linked payment cards have gained traction as issuers look to bridge onchain assets with everyday spending. Unlike traditional DeFi yield products, Money Account does not require users to manually move funds between lending protocols or separate applications. Funds can also be used directly within MetaMask's trading features, including token swaps, perpetual futures and prediction markets, without additional transfers, according to the company. “People build their wealth inside MetaMask, but until now they couldn't keep it working here. With Money Account, that changes. Your balance earns the moment you add funds, and you can spend the moment you need to,” said Joe Lubin, founder and CEO of Consensys and co-founder of Ethereum. Read more: MetaMask launches AI agent wallet with built-in security for crypto trades Ethereum News Latest Crypto News 1 Tokenized securities need competition, not gatekeepers 34 minutes ago 2 Nasdaq expands distribution of its market data into blockchain infrastructure 1 hour ago 3 Bitcoin’s quiet $59,000-$60,000 range is starting to look dangerous 2 hours ago 4 New York Life makes tokenization debut with onchain high-yield bond fund with Centrifuge 2 hours ago 5 Bitcoin $4.4 billion supply overhang emerges as institutional demand wilts 2 hours ago 6 Bitcoin nears 2024 lows as options traders pay up for downside protection 3 hours ago 7 Strategy heads for 11th losing month in 12 as bitcoin weakness continues 3 hours ago 8 UK to lower stablecoin capital buffers, undercutting EU's MiCA requirements 3 hours ago 9 SEC wins $5.5 million default judgment over alleged fake crypto platform NanoBit 4 hours ago 10 Bitcoin's correlation with dollar-yen rate hits -0.90, undercutting 'carry trade' theory 6 hours ago Latest Research Building the Zcash Machine: Tachyon and Quantum Readiness Building the Zcash Machine: Tachyon and Quantum Readiness Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold. By CoinDesk Research 3 hours ago Commissioned by GenZcash Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold. Why it matters : Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold. View Full Report More From Tech Live updates: bitcoin falls back below $59,000 as demand dwindles Private keys, not smart contracts, caused 40% of crypto's $16 billion hack losses. Here's whats being done. Ripple wants institutions to borrow against tokenized assets on XRPL