MetaMask may announce its own USD stablecoin mUSD this week
According to a report by Golden Finance, informed sources have revealed that MetaMask, a well-known cryptocurrency wallet in the Ethereum ecosystem, plans to announce details of its USD pegged stablecoin mUSD as early as this week and is expected to be officially launched by the end of this month. MUSD will be issued with the assistance of Bridge, a payment stablecoin service provider acquired by fintech giant Stripe this year, and the stablecoin issuance agreement M ^ 0, while inviting alternative asset management company Blackstone to provide custody and fund management services. MetaMask has over 30 million monthly active users, and the issuance of stablecoins aims to share the returns of high liquidity assets such as short-term US bonds.
