The main Metamask cryptographic portfolio supplier launches his own stablecoin in partnership with the Stripe Inc. Stablecoin Bras, Bridge and Decentralized Stablecoin Platform M0 payment giant.
Metamask is an auto-couptedial cryptography portfolio developed by Consensys, a software company focused on the construction of products adapted to Ethereum blockchain. Metamask has more than 100 million users per year and is connected to tens of thousands of decentralized applications, platforms that work on blockchains. The shield of the portfolio is called Metamask USD (MUSD) and will be published by Stripe’s Bridge, a stablecoin emission and orchestration platform. The bridge will use the M0 ONCHAIN ​​infrastructure to die and transport the token.
Stablecoins are digital assets designed to follow the value of US dollars one for one, often supported by reserves holding short -term treasure bills and money. Stripe’s Bridge will help manage compliance, monitoring and management of reserves for MUSD.
Metamask is the last company through crypto and payments to announce its own stabing strategy after President Donald Trump signed Landmark Stablecoin legislation earlier this year. The new law should encourage a multitude of new participants to enter the Stablescoin sector.
The plan is that Musd integrates into the Metamask portfolio so that users can hold, spend and transform through the web 3 ecosystem, including loan markets, decentralized exchanges and childcare platforms. Musd will be available through the blockchains, starting with Ethereum and Linea, the so-called layer of two chains by consensys. Metamask will also take advantage of M0’s liquidity features to take care of the token when he embarks on other blockchains.
When launching, Musd will be available by accelerating in cryptocurrency, swaps, transfers and punching through the chains. At the end of the year, the plan is to make Musd spending for users via the Metamask card which is accepted in any merchant of the Mastercard Inc.
