🚨 MetaMask is preparing its own stablecoin! 💵🦊
According to insiders, on August 14, MetaMask will introduce MetaMask Stablecoin (mmUSD) — a cryptocurrency pegged to the US dollar 🇺🇸.
The project is being created in collaboration with Stripe and with the support of M0.
💡 What this means:
mmUSD will be integrated into MetaMask services 🛒
You will be able to buy other cryptocurrencies directly through the wallet 🔄
The launch is expected on the Ethereum network ⛓️
📈 Rumors intensified after a proposal to implement mmUSD appeared on Aave (but it was quickly removed).
MetaMask seems to plan to earn from transaction fees, and the popularity of stablecoins is only increasing 🚀