Svmuu News: MetaMask has announced the launch of a new self-custody account called “Money Account,” which integrates stablecoin earnings, payments, and trading functions into a single wallet ecosystem, further advancing its transformation into a comprehensive financial platform. The product was released by Consensys and is built on the Monad blockchain, with the U.S. dollar-pegged stablecoin mUSD as its core asset. Users can earn a floating annualized yield of up to approximately 4% while holding their assets; funds are automatically allocated to decentralized lending protocols such as Morpho, with Aave set to be integrated in the future.
Unlike traditional DeFi products, this account eliminates the need to manually transfer funds between protocols; returns take effect automatically upon deposit and can be used directly for trading functions such as token swaps, perpetual contracts, and prediction markets. (CoinDesk)