MetaMask Sets the Stage for Its Own Stablecoin Initiative
Main Idea
MetaMask is reportedly preparing to launch its own stablecoin, mUSD, pegged to the US dollar, which could debut soon and expand its platform's offerings.
Key Points
1. MetaMask, a decentralized Ethereum wallet, is close to launching its stablecoin called mUSD, pegged to the US dollar.
2. The stablecoin may be announced and launched by the end of the month, according to plans.
3. MetaMask collaborates with Bridge, a payment integration-focused company recently acquired by MetaMask or M^0, though details remain undisclosed.
4. Insider sources confirm active collaboration between involved parties, including Blackstone and Bridge.
5. MetaMask aims to enter the stablecoin market to share in profits, similar to USDT or USDC, and expand its network.
Description
MetaMask is launching a stablecoin, "mUSD," pegged to the US dollar. MetaMask collaborates with Bridge and Blackstone for guidance and management. Continue Reading: MetaMask Sets the Stage for Its Own Stablecoin Initiative The post MetaMask Sets the Stage for Its Own Stablecoin Initiative appeared first on COINTURK NEWS .
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