Consensys CEO and Ethereum founder Joe Lubin has confirmed the upcoming launch of MetaMask’s proposed MASK token. He claims the MASK token will come “sooner” than many individuals anticipated, with the token possible associated to decentralization features of the MetaMask crypto pockets.
MetaMask to Launch MASK Token Sooner
Consensys CEO Joseph “Joe” Lubin, in an interview on September 19, hinted that MetaMask crypto pockets will launch its MASK token before anticipated. MetaMask is an Ethereum-based self-custodial crypto pockets developed by Consensys.
The MASK token is coming. It might come before you’ll count on proper now.
Lubin revealed that the token is carefully tied to the decentralization of particular features of the MetaMask platform. While the official tokenomics are nonetheless unclear, it’s anticipated that early and swap-active MetaMask customers can be rewarded.
Recently, MetaMask co-founder Dan Finlay additionally said that if MetaMask’s native token is launched, it could be promoted instantly inside the pockets. He famous that the favorable regulatory setting amid the crypto-friendly Trump administration makes token issuance safer.
The token may come on its Linea community, a completely EVM equal zero-knowledge rollup layer-2 blockchain. Last week, Joe Lubin mentioned that Linea will open up rewards alternatives additional, principally in platforms from Consensys and another protocols. “MetaMask and Linea are cooking somETHing together to make this happen,” he added.
MetaMask USD (mUSD) Stablecoin Launch
Recently, MetaMask launched a native stablecoin MetaMask USD (mUSD), because the stablecoin race picked up tempo after the GENIUS Act. Issued by Bridge, a Stripe firm, and powered by M0’s decentralized stablecoin infrastructure, mUSD turned the primary stablecoin created by a self-custodial pockets.
Notably, the stablecoin was launched on Ethereum and Linea. As a wallet-native stablecoin MetaMask USD is designed to ease the crypto adoption from on-ramping and holding to incomes and spending.
With a market cap rapidly rising to $53.4 million, mUSD may play a key half in MASK token adoption and the decentralized features of the pockets Lubin talked about. The buying and selling quantity has elevated by 52% within the final 24 hours.
