MetaMask Enters Stablecoin Wars With Stripe-Backed mUSD Launch
Consensys-developed self-custodial pockets, MetaMask, has launched its native stablecoin, MetaMask USD (mUSD). The launch is critical because it marks the primary occasion of a self-custodial pockets issuing a local stablecoin. The asset is issued by Bridge, a Stripe-owned stablecoin platform, and operates on-chain by way of M0, a decentralized infrastructure designed for stablecoin liquidity. MetaMask’s…
