Transak and MetaMask Join Forces to Offer 1:1 Stablecoin Onramping and Named IBANs
By Dominic Sow · 15 September 2025

Transak, the stablecoin payments infrastructure behind 450+ apps globally and MetaMask’s long-time fiat onboarding partner, is now exclusively powering stablecoin onramping through MetaMask’s Deposit button, including upcoming support for MetaMask USD (mUSD), the wallet’s newly launched native stablecoin. Starting today, September 15, MetaMask users in the US and EU will for the first time be able to purchase mUSD, as well as buy stablecoins like USDC and USDT at near 1:1 rates without leaving the app, using Transak’s white-label APIs and named IBAN capabilities.
This marks a major shift in how wallets and crypto apps are approaching on-ramping and stablecoins.
MetaMask, used by over 100 million people worldwide, is moving beyond traditional third-party widgets and redirects to offer a fully embedded experience, one designed to reduce friction, cut costs, and make onboarding feel as seamless as using a neobank.
This announcement comes on the heels of two major developments: Transak’s recent strategic fundraise to scale its stablecoin infrastructure globally, and MetaMask’s launch of its own native stablecoin, MetaMask USD. mUSD is issued by Bridge, a Stripe company, and powered onchain by M0, a decentralized stablecoin infrastructure and liquidity platform. Deeply integrated into MetaMask’s wallet, mUSD together with Transak’s embedded 1:1 stablecoin onramp further strengthens MetaMask’s role as a gateway for mainstream stablecoin adoption, giving users both a seamless fiat-to-stablecoin experience and a wallet-native digital dollar to use across web3.
Why MetaMask Made This Move
Historically, the on-ramp experience in wallets like MetaMask focused on giving users access to crypto assets, but the way people use those assets has changed. Today, MetaMask is evolving to meet those needs, supporting a broader set of use cases beyond trading, from payments and remittances to everyday financial activity. Transak’s native on-ramp feature makes it easy and affordable to top up the MetaMask Card, empowering users to seamlessly manage their funds for real-world financial utility.
Today, stablecoins aren’t just for trading; they’re powering payments, remittances, savings, and everyday financial activity across dozens of apps and use cases. MetaMask’s new deposit flow reflects this shift, helping users move from fiat into self-custody in a way that feels familiar, fast, and utility-driven, offering more everyday value.
By integrating Transak’s white-label infrastructure directly into its app, MetaMask is giving users:
- Transparent, 1:1 stablecoin purchases
- A new “Deposit” button powered by bank transfers (SEPA/Wire/ACH) and cards (Visa/MasterCard/ApplePay/GooglePay)
- Named IBANs (Virtual Bank Accounts) for each user (to be launched later this year)
- A native, branded experience with no popups or redirects
- Stablecoin-first onboarding flows
- Direct partnerships with banks and stablecoin issuers
- Optimized payment routing and liquidity aggregation
Companies in this story: MetaMask, Transak
People in this story: Lorenzo Santos, Sami Start