MetaMask, the popular crypto wallet, is reportedly poised to announce its own stablecoin, tentatively named mUSD, this week. CoinDesk broke the news, citing sources familiar with the matter. While neither MetaMask nor M^0, the stablecoin issuance protocol Stripe is involved with, have confirmed the impending launch, speculation is rife within the cryptocurrency community. A MetaMask-backed stablecoin could significantly impact the DeFi landscape, providing users with a convenient and integrated option within the wallet ecosystem. The potential benefits of mUSD include seamless integration with MetaMask's existing features, reduced transaction fees within the MetaMask ecosystem, and increased adoption of stablecoins in general. The stablecoin market is already crowded, and mUSD will need to offer distinct advantages to compete effectively. Details regarding mUSD's peg mechanism and regulatory compliance remain unknown. ```