MetaMask, a leading cryptocurrency wallet, has initiated a governance proposal to launch its own stablecoin, METAMASK USD (METAMASK USD). The proposal outlines a partnership with Stripe, the global online payment processing giant, to facilitate the issuance and management of the new stablecoin. The move aims to streamline transactions within the MetaMask ecosystem and offer users a more stable and efficient way to interact with decentralized applications (dApps). By leveraging Stripe's infrastructure, MetaMask intends to ensure regulatory compliance and provide a secure platform for METAMASK USD. The governance proposal is currently under review by the MetaMask community. If approved, the launch of METAMASK USD could significantly impact the decentralized finance (DeFi) landscape, offering users greater control and stability in their crypto transactions. The implementation details, including the pegging mechanism and reserve management, are expected to be detailed in subsequent announcements. ```