
$15M in active loans / $18M in deposits $mUSD from MetaMask Money Account is being absorbed quickly by Aave. Idle capital is being put to work as onchain credit. On Aave @monad, mUSD acts as a borrowable stablecoin, with positions mainly backed by assets already available in the market such as syrupUSDC, cbBTC, and WETH. This model is testing a new way to scale DeFi: instead of waiting for users to find a protocol, tap into the float already sitting inside the wallet or card products they use. @MetaMask : builds the savings layer on top of existing distribution @aave : turns those balances into credit and generates yield from borrowers Still early, but it looks like a pretty clean win-win model.



