As the number of tokens pegged to the US dollar continues to increase, MetaMask's mUSD stablecoin is officially launched

MetaMask launched its new stablecoin mUSD on Monday, issued by Stripe's Bridge and minted through M0's decentralized infrastructure. The stablecoin is fully guaranteed by 1:1 current assets of equivalent USD, providing real-time transparency and cross-chain composability. mUSD’s initial circulation of $18 million is positioned as the default digital dollar in the MetaMask ecosystem, supporting bookkeeping, redemption and transfer. The team plans to make purchases through merchants accepting Mastercard by the end of the year.