MetaMask has launched Money Account, offering a variable yield of up to 4% APY on mUSD stablecoin balances alongside card spending. The product uses DeFi vaults to generate yield and is unavailable in the UK and EU.
MetaMask has launched Money Account, offering a variable yield of up to 4% APY on mUSD stablecoin balances alongside card spending. The product uses DeFi vaults to generate yield and is unavailable in the UK and EU.
MetaMask has launched Money Account, a product that combines yield on mUSD stablecoin balances with card spending. The company says eligible balances can earn a variable annual percentage yield of up to 4%.
MetaMask has launched Money Account, a product that combines yield on mUSD stablecoin balances with card spending. The company says eligible balances can earn a variable annual percentage yield of up to 4%.
The launch brings stablecoin saving and everyday spending into a single MetaMask account. It also reflects the growing effort to make decentralized finance features more accessible through consumer-facing crypto products.
Yield is generated through DeFi-powered vaults. Because the advertised rate is variable, the return may change rather than remain fixed at 4%.
Money Account is not available in the United Kingdom or European Union. MetaMask did not provide further availability details in the supplied announcement.
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