MetaMask Token Launch Expected Sooner as Consensys Advances Linea Integration

• Joe Lubin confirms MASK token launch tied to MetaMask decentralization efforts.
• MetaMask USD stablecoin (mUSD) debuts, reaching $53.4M market cap in first week.
• MASK launch expected on Linea, with phased rollout and governance-focused utility.

Consensys Chief Executive Officer and Ethereum co-founder Joseph “Joe” Lubin confirmed that the MetaMask wallet will soon introduce its long-anticipated MASK token. Speaking in an interview on September 19, Lubin stated that the release “may come sooner than you would expect.” He explained that the token will be closely linked to the decentralization of MetaMask’s infrastructure.

MetaMask, created by Consensys, is one of the most widely used Ethereum-based self-custodial wallets, reporting over 30 million monthly active users. Lubin’s comments followed months of speculation that a native token could reward wallet users while enabling governance features. Though tokenomics have not been disclosed, expectations are that early users and those active in token swaps could be among the first to receive allocations.

Lubin pointed out that the MASK token could launch on Linea, Consensys’ zero-knowledge rollup Layer-2 blockchain fully compatible with the Ethereum Virtual Machine. He noted that “MetaMask and Linea are cooking something together to make this happen,” signaling deeper alignment between the wallet and the scaling network.

Consensys has positioned Linea as a foundation for expanding rewards and applications across its ecosystem. Lubin previously highlighted that platforms within Consensys and partner protocols will be able to build opportunities tied to this integration.

MetaMask co-founder Dan Finlay added that if a token is issued, it will be promoted directly through the wallet interface. He also cited the favorable regulatory climate under the current U.S. administration as a factor making token issuance more feasible.

MetaMask USD Stablecoin Debuts

The token announcement comes shortly after MetaMask introduced MetaMask USD (mUSD), a stablecoin issued by Bridge, a Stripe company, and powered by M0’s decentralized infrastructure. Launched on both Ethereum and Linea, mUSD is notable for being the first stablecoin created by a self-custodial wallet.

Market data shows that mUSD’s capitalization has already risen to $53.4 million, with trading volumes increasing by more than 50 percent in the past 24 hours. The stablecoin is designed to streamline adoption by enabling on-ramps, storage, and spending directly within the wallet. Its presence could also support MASK’s adoption by embedding stable payment options alongside the forthcoming governance token.

Founders have stated that a careful rollout strategy will be essential. Expected measures include an official announcement from Consensys, transparent distribution guidelines, and phased integration of governance or rewards.

If MASK is launched, analysts anticipate short-term volatility, including spikes in social media activity, speculative demand for related assets such as Linea, and rapid trading fluctuations. Over time, the token’s value will depend on distribution mechanics and its practical role in governance or user rewards within the MetaMask ecosystem.