Crypto wallet provider MetaMask to offer a stablecoin with Stripe’s Bridge
Crypto wallet provider MetaMask to offer a stablecoin with Stripe’s Bridge
Leading crypto wallet provider MetaMask is launching its own stablecoin in partnership with payment giant Stripe Inc.’s stablecoin arm, Bridge, and decentralized stablecoin platform M0.
MetaMask is a self-custodial crypto wallet developed
Stablecoins are digital assets designed to track the value of US dollars one-for-one, often backed
MetaMask is latest firm across crypto and payments to announce its own stablecoin strategy after President Donald Trump signed landmark stablecoin legislation earlier this year. The new law is expected to encourage a slew of new participants to enter the stablecoin sector.
The plan is for mUSD to integrate into MetaMask’s wallet for users to hold, spend and transact across the web3 ecosystem including lending markets, decentralized exchanges and custodial platforms. mUSD will be available across blockchains, starting with Ethereum and Linea, the so-called layer two chain bootstrapped
At launch, mUSD will be available for on ramping into the cryptoverse, swaps, transfers and bridging across chains.
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Claire Dubois
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