MetaMask will launch the native stablecoin mUSD by the end of the year, supporting Ethereum and Linea networks.

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[Chain News] On August 21, MetaMask announced that it will launch its first native stablecoin mUSD later this year, supporting Ethereum and the Linea network. The stablecoin is issued by the Bridge platform under Stripe and minted through M0's decentralized infrastructure.

MetaMask has stated that mUSD will become the default digital dollar unit of its ecosystem, deeply integrated into Linea's DeFi ecosystem, including lending markets, decentralized exchanges, and custodial platforms, to enhance liquidity and optimize user experience. Users can recharge, hold, exchange, transfer, and perform cross-chain operations with mUSD through MetaMask, and there are plans to support spending at Mastercard merchants via MetaMask Card by the end of the year. The specific issuance date and scale of mUSD have not yet been announced, and more technical details and user guides will be released in the coming weeks.

According to previous news, informed sources: the crypto wallet MetaMask is expected to announce details of the stablecoin mUSD this week.

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UnluckyMinervip
· 08-21 12:33
Another pie is here.
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MetaverseLandlordvip
· 08-21 12:28
They are coming to harvest our suckers again.
View OriginalReply0
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