diff --git a/doc/api/esm.md b/doc/api/esm.md
index d1215b3caf5b..98e7b5014154 100644
--- a/doc/api/esm.md
+++ b/doc/api/esm.md
@@ -189,7 +189,7 @@ typically configured server.
 ES modules are resolved and cached as URLs. This means that special characters
 must be [percent-encoded][], such as `#` with `%23` and `?` with `%3F`.
 
-`file:`, `node:`, and `data:` URL schemes are supported. A specifier like
+`file:`, `node:`, `data:`, and `blob:` URL schemes are supported. A specifier like
 `'https://example.com/app.js'` is not supported natively in Node.js unless using
 a [custom HTTPS loader][].
 
@@ -231,6 +231,36 @@ and [absolute specifiers][Terminology]. Resolving
 from `data:text/javascript,import "./foo";` fails to resolve because there
 is no concept of relative resolution for `data:` URLs.
 
+#### `blob:` imports
+
+<!-- YAML
+added: REPLACEME
+-->
+
+> Stability: 1 - Experimental
+
+`blob:` URLs are supported for importing with the following MIME types:
+
+* `text/javascript` for ES modules
+* `application/json` for JSON
+* `application/wasm` for Wasm
+
+Blob URLs are registered within the current thread. Loaders will not be
+able to resolve Blob URLs created from the main thread.
+
+```mjs
+import { Blob } from 'node:buffer';
+
+const mjs = new Blob(['export "Hello, World!"'], { type: 'text/javascript' });
+await import(URL.createObjectURL(mjs));
+
+const json = new Blob(['{}'], { type: 'application/json' });
+await import(URL.createObjectURL(json), { with: { type: 'json' } });
+
+const wasm = new Blob(['WASM Data'], { type: 'application/wasm' });
+await import(URL.createObjectURL(wasm));
+```
+
 #### `node:` imports
 
 <!-- YAML
@@ -721,7 +751,7 @@ The default resolver has the following properties:
 The default loader has the following properties
 
 * Support for builtin module loading via `node:` URLs
-* Support for "inline" module loading via `data:` URLs
+* Support for "inline" module loading via `data:` and `blob:` URLs
 * Support for `file:` module loading
 * Fails on any other URL protocol
 * Fails on unknown extensions for `file:` loading
@@ -739,7 +769,7 @@ does not determine whether the resolved URL protocol can be loaded,
 or whether the file extensions are permitted, instead these validations
 are applied by Node.js during the load phase
 (for example, if it was asked to load a URL that has a protocol that is
-not `file:`, `data:` or `node:`.
+not `file:`, `data:`, `blob:`, or `node:`).
 
 The algorithm also tries to determine the format of the file based
 on the extension (see `ESM_FILE_FORMAT` algorithm below). If it does
diff --git a/lib/internal/modules/esm/get_format.js b/lib/internal/modules/esm/get_format.js
index 0eedf2a72885..fa5d435943bd 100644
--- a/lib/internal/modules/esm/get_format.js
+++ b/lib/internal/modules/esm/get_format.js
@@ -17,14 +17,16 @@ const {
 
 const detectModule = getOptionValue('--experimental-detect-module');
 const { containsModuleSyntax } = internalBinding('contextify');
+const { resolveObjectURL } = require('buffer');
 const { getPackageScopeConfig, getPackageType } = require('internal/modules/package_json_reader');
 const { fileURLToPath } = require('internal/url');
-const { ERR_UNKNOWN_FILE_EXTENSION } = require('internal/errors').codes;
+const { ERR_UNKNOWN_FILE_EXTENSION, ERR_INVALID_URL } = require('internal/errors').codes;
 
 const protocolHandlers = {
   '__proto__': null,
   'data:': getDataProtocolModuleFormat,
   'file:': getFileProtocolModuleFormat,
+  'blob:': getBlobProtocolModuleFormat,
   'node:'() { return 'builtin'; },
 };
 
@@ -218,6 +220,12 @@ function getFileProtocolModuleFormat(url, context = { __proto__: null }, ignoreE
   throw new ERR_UNKNOWN_FILE_EXTENSION(ext, filepath);
 }
 
+function getBlobProtocolModuleFormat(url, context = { __proto__: null }, ignoreErrors) {
+  const blob = resolveObjectURL(url);
+  if (blob === undefined) { throw new ERR_INVALID_URL(blob); }
+  return mimeToFormat(blob.type);
+}
+
 /**
  * @param {URL} url
  * @param {{parentURL: string}} context
diff --git a/lib/internal/modules/esm/load.js b/lib/internal/modules/esm/load.js
index e82f7715e7aa..278375844ed6 100644
--- a/lib/internal/modules/esm/load.js
+++ b/lib/internal/modules/esm/load.js
@@ -14,7 +14,7 @@ const { readFileSync } = require('fs');
 const defaultType =
   getOptionValue('--experimental-default-type');
 
-const { Buffer: { from: BufferFrom } } = require('buffer');
+const { Buffer: { from: BufferFrom }, resolveObjectURL } = require('buffer');
 const {
   isUnderNodeModules,
 } = require('internal/modules/helpers');
@@ -48,8 +48,12 @@ async function getSource(url, context) {
     }
     const { 1: base64, 2: body } = match;
     source = BufferFrom(decodeURIComponent(body), base64 ? 'base64' : 'utf8');
+  } else if (protocol === 'blob:') {
+    const blob = resolveObjectURL(url);
+    if (blob === undefined) { throw new ERR_INVALID_URL(blob); }
+    source = await blob.text();
   } else {
-    const supportedSchemes = ['file', 'data'];
+    const supportedSchemes = ['file', 'data', 'blob'];
     throw new ERR_UNSUPPORTED_ESM_URL_SCHEME(url, supportedSchemes);
   }
   return { __proto__: null, responseURL, source };
@@ -219,6 +223,7 @@ function throwIfUnsupportedURLScheme(parsed) {
     protocol !== 'file:' &&
     protocol !== 'data:' &&
     protocol !== 'node:' &&
+    protocol !== 'blob:' &&
     (
       protocol !== 'https:' &&
       protocol !== 'http:'
diff --git a/test/es-module/test-esm-blob-urls.js b/test/es-module/test-esm-blob-urls.js
new file mode 100644
index 000000000000..c774f6f5648d
--- /dev/null
+++ b/test/es-module/test-esm-blob-urls.js
@@ -0,0 +1,68 @@
+'use strict';
+const common = require('../common');
+const fixtures = require('../common/fixtures');
+const { test } = require('node:test');
+
+if (!common.hasCrypto) common.skip('missing crypto');
+
+async function createURL(mime, body) {
+  const blob = new Blob([body], { type: mime });
+  return URL.createObjectURL(blob);
+}
+
+function createBase64URL(mime, body) {
+  return `data:${mime};base64,${Buffer.from(body).toString('base64')}`;
+}
+
+test('importing JavaScript from a Blob: URL should work', async (t) => {
+  const url = await createURL('text/javascript', 'export default { "key": "value" }');
+  const { default: expected } = await import(url);
+  t.assert.deepStrictEqual(expected, { key: 'value' });
+});
+
+test('import.meta.url should be equal to the blob URL', async (t) => {
+  const url = await createURL('text/javascript', 'export default import.meta.url;');
+  const { default: expected } = await import(url);
+  t.assert.deepStrictEqual(expected, url);
+});
+
+
+test('importing JSON from a Blob: URL should work', async (t) => {
+  const url = await createURL('application/json', '{ "key": "value" }');
+  const { default: expected } = await import(url, { with: { type: 'json' } });
+  t.assert.deepStrictEqual(expected, { key: 'value' });
+});
+
+test('importing a module from within a blob: URL should work', async (t) => {
+  await t.test('file: URLs', async (t) => {
+    const url = await createURL('text/javascript', `import { message } from ${JSON.stringify(fixtures.fileURL('es-modules/message.mjs'))}; export default message;`);
+    const { default: expected } = await import(url);
+    t.assert.strictEqual(expected, 'A message');
+  });
+
+  await t.test('data: URLs', async (t) => {
+    const dataURL = createBase64URL('text/javascript', 'export const message = "Base64 Imported";');
+    const url = await createURL('text/javascript', `import { message } from "${dataURL}"; export default message;`);
+    const { default: expected } = await import(url);
+    t.assert.strictEqual(expected, 'Base64 Imported');
+  });
+
+  await t.test('blob: URLs', async (t) => {
+    const url = await createURL('text/javascript',
+                                `const blob = new Blob(["export default 'Blob Imported'"], { type: 'application/javascript' });` +
+      'const url = URL.createObjectURL(blob);' +
+      'export default await import(url);'
+    );
+    const { default: { default: expected } } = await import(url);
+    t.assert.strictEqual(expected, 'Blob Imported');
+  });
+});
+
+test('importing a disallowed mimetype should fail', async (t) => {
+  const url = await createURL('invalid/mime', '');
+  await t.assert.rejects(import(url), /ERR_UNKNOWN_MODULE_FORMAT/);
+});
+
+test('importing an invalid blob should fail', async (t) => {
+  await t.assert.rejects(import('blob:nodedata:123456'), /ERR_INVALID_URL/);
+});