According to BlockBeats news on August 6, based on a governance proposal, MetaMask plans to collaborate with Stripe to launch a stablecoin called 'MetaMask USD (mmUSD)', which will be issued by Stripe but will utilize the 'M^0' network for off-chain issuance and settlement.
This stablecoin will be built as the core asset of the MetaMask ecosystem and will be natively integrated into various services of MetaMask. Currently, neither MetaMask nor Stripe has provided official confirmation, and specific details regarding the structure, launch timeline, or regulatory aspects of the stablecoin are very limited.
