🚀 MetaMask launches its new stablecoin mUSD! 💵
MetaMask, one of the most popular digital wallets, is preparing to launch a stablecoin pegged to the US dollar called mUSD this week, with a full rollout by the end of the month.
💡 What does this mean?
Taking advantage of the financial yields generated from US Treasury bonds. 📈
Increasing user engagement and investing their unused balances. 💰
🤝 Project partners:
Bridge (Payment service provider)
Protocol M^0
Blackstone for custody and treasury management
🌐 Additional services:
Facilitating the conversion of cryptocurrencies to traditional money across 10 new blockchain networks: Arbitrum, Avalanche, BNB, Polygon, and more… ⚡
MetaMask will become a larger player in the stablecoin market worth hundreds of billions 💥
#MetaMask #mUSD #Crypto #Stablecoin #Blockchain