MetaMask, the Ethereum wallet developed by Consensys, has announced plans to launch its own native stablecoin, MetaMask USD ...

MetaMask co-founder Dan Finlay said the team was still considering launching a native token for the wallet, adding that Consensys had long proposed it.

MetaMask Snaps aims to facilitate a “multichain future,” allowing the Ethereum-based wallet service to support non-native blockchains and tokens for the Web3 economy.

MetaMask is a software wallet made specifically for tokens and dapps on the Ethereum blockchain.

The token-swapping feature will release first on its Firefox browser extension, before adding extensions for other browsers and MetaMask mobile.Ã Â ...

MetaMask also plans to add other tokens on the Sell platform. The conversion will directly be reflected in the users’ bank accounts.