According to "Fortune", the stablecoin infrastructure M0 has announced the completion of a $40 million financing round, led by Polychain and Ribbit Capital, with follow-on investments from Endeavor Catalyst, Pantera, and Bain Capital Crypto. M0 founder Luca Prosperi stated that the company aims to build the "zero layer of currency" and has currently raised nearly $100 million, planning to expand to more stablecoin issuers. Previously, MetaMask announced that it would mint the native stablecoin mUSD through M0, which will be issued by the Bridge platform under Stripe.