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MetaMask launches its native stablecoin mUSD
Summary: According to The Block, MetaMask has officially launched its native stablecoin MetaMask USD (mUSD). MetaMask announced on Thursday that mUSD will be issued by Bridge, a stablecoin issuance platform under Stripe, and minted through M0's decentralized infrastructure. Additionally, mUSD will be fully backed 1:1 by high-quality, highly liquid USD equivalent assets, and will achieve real-time ...
According to The Block, MetaMask has officially launched its native stablecoin MetaMask USD (mUSD). MetaMask announced on Thursday that mUSD will be issued by Bridge, a stablecoin issuance platform under Stripe, and minted through M0's decentralized infrastructure. Additionally, mUSD will be fully backed 1:1 by high-quality, highly liquid USD equivalent assets, and will achieve real-time transparency and cross-chain composability through M0's liquidity network.
