According to a report by The Block, MetaMask has officially launched its native stablecoin, MetaMask USD (mUSD). MetaMask announced on Thursday that mUSD will be issued by Bridge - the stablecoin issuance platform owned by Stripe, and minted through the decentralized infrastructure of M0. Additionally, mUSD will be fully backed on a 1:1 basis by "high-quality, highly liquid US dollar equivalent assets," and will implement real-time transparency as well as cross-chain interoperability through M0's liquidity network.
