Reported 3 days ago
MetaMask, the self-custodial wallet developed by ConsenSys, is set to launch its first native USD-pegged stablecoin, MetaMask USD (mUSD). This stablecoin is produced in partnership with Bridge and MO, fully backed by high-quality liquid dollar equivalent assets. By leveraging assets that generate yields, MetaMask aims to enhance user experience across decentralized finance (DeFi), with mUSD expected to facilitate seamless transactions, including spending at merchants via the MetaMask Card. The official launch is anticipated later this year on Ethereum and Linea network.
Source: YAHOO