🦊💵 Breaking: MetaMask Set to Launch Its Own Stablecoin — mUSD Coming Soon!
$ETH ’s top wallet, MetaMask (30M+ monthly users), is reportedly unveiling its USD-pegged stablecoin “mUSD” this week. The token could go live by month’s end.
Key partners:
Bridge (acquired by Stripe) — payment rails
M^0 — issuance protocol
Blackstone — custody & treasury
Why launch? Like other major platforms, MetaMask aims to tap into yields from U.S. Treasuries & other short-term liquid assets backing stablecoins.
