MetaMask collaborates with Stripe to launch mmUSD stablecoin

A recently leaked governance proposal revealed that the cryptocurrency wallet MetaMask is partnering with fintech giant #Stripe to launch its own stablecoin. This stablecoin, named mmUSD, is expected to become the foundational currency for the entire MetaMask ecosystem.

Early disclosure from a proposal

Information about #mmUSD was revealed when a proposal on the lending platform $AAVE mentioned the integration of this stablecoin. Although the proposal was quickly removed, Aave Chan Initiative founder confirmed its authenticity.

Supported by the M^0 stablecoin platform, mmUSD is expected to become the "core asset" of #MetaMask , deeply integrated into wallet services such as Swap, Buy/Sell, and Earn. The goal is to provide a neutral, highly liquid currency that is widely used in MetaMask services.