Reported 3 days ago
MetaMask has announced the upcoming release of its U.S. dollar stablecoin, mUSD, set to launch later this year, enhancing its position in the burgeoning stablecoin market. The mUSD will initially be available on Ethereum and the Consensys-developed Layer-2 network, Linea, allowing users to easily transact with fiat and cryptocurrencies across various platforms. This stablecoin is developed in collaboration with Stripe's Bridge and M0 Protocol, aiming to streamline compliance and signifying a significant move towards integrating more efficient payment options in the cryptocurrency space.
Source: YAHOO