MetaMask launches stablecoin yield account with card spending

CoinTelegraph·

MetaMask launches stablecoin yield account with card spending

60-second summary

MetaMask launches Money Account offering up to 4% variable APY on mUSD stablecoin balances and card spending through DeFi-powered vaults, excluding the UK and EU. This move enables users to earn yields on their digital assets while making everyday purchases. The new feature is expected to attract more users to the platform, potentially boosting adoption and usage of stablecoins.

MetaMask launches Money Account it says offers up to 4% variable APY on mUSD stablecoin balances and card spending, with DeFi-powered yield via vaults, excluding the UK and EU.