MetaMask launches self-custody account Money Account

According to CoinDesk, MetaMask has announced the launch of a new self-custody account called "Money Account," which integrates stablecoin earnings, payment consumption, and trading functions into a single wallet system, further promoting its transformation into a comprehensive financial platform.

This product is released by Consensys and built on the Monad blockchain, with the core asset being the USD-pegged stablecoin mUSD. Users can earn up to approximately 4% floating annual yield while holding assets, with funds automatically allocated to decentralized lending protocols such as Morpho, and Aave will be integrated later.

Unlike traditional DeFi products, this account does not require manual transfers of funds between protocols; earnings automatically take effect after deposit and can be directly used for token exchanges, perpetual contracts, and prediction market trading functions.