Looks like a slip-up in a governance post just spilled the beans: MetaMask is teaming up with Stripe to launch its own dollar-pegged stablecoin, called mmUSD.
According to the leaked proposal, this stablecoin could become the main trading pair for MetaMask’s services. The project also has backing from stablecoin platform M^0.
The news first got out when a proposal for Aave—y’know, the big lending protocol—mentioned plans to integrate mmUSD. The proposal described it as "the cornerstone asset for the MetaMask ecosystem," meant to be a neutral, super-liquid currency built right into MetaMask’s wallet, swap, buy/sell, and Earn features.
But the post didn’t stay up long—someone pulled it down fast. Marc Zeller from the Aave Chan Initiative (a DAO services group) told DL News it was taken down because it was *"too soon"* to talk about the stablecoin. He did confirm the proposal was real, though.
This comes right after MetaMask and Aave announced a partnership last week, letting wallet users earn yield from Aave’s stablecoin pools straight in the MetaMask app.
When asked about the leak, M^0 Foundation didn’t say much, and Stripe hasn’t responded yet. A Consensys rep (MetaMask’s parent company) gave the usual "we don’t comment on speculation" line but added they’re "always exploring ways to improve MetaMask."
So yeah—big moves might be coming. Guess we’ll have to wait and see.
