Overview

• CEO Joseph Lubin said a MetaMask token is coming and suggested the rollout may arrive sooner than many expect, marking the first direct confirmation after years of speculation.
• Specifics such as supply, distribution rules, vesting, and timing have not been disclosed, with users urged to rely on official MetaMask or ConsenSys channels for updates.
• The token is described as supporting decentralization of certain MetaMask features, with roles expected to include user governance and activity-based rewards.
• MetaMask’s dollar-pegged stablecoin, mUSD, is live on Ethereum and Linea, backed 1:1 by cash or short-term Treasuries, and integrates with the MetaMask Card on Mastercard’s network; reports cite a roughly $53 million market cap.
• With more than 30 million monthly active users, any distribution could be wide-reaching, while community airdrop chatter remains speculative and Coinbase’s Base is separately exploring a token.