MetaMask Is Set to Unveil Plans for New Stablecoin | Crypto Craft

  • MetaMask Is Set to Unveil Plans for New Stablecoin

    From decrypt.co

    A MetaMask stablecoin could debut as early as Thursday, a source knowledgeable of the initiative confirmed to Decrypt. The Ethereum wallet provider, which will team up with payment services provider Stripe, will introduce the mmUSD stablecoin as the main trading pair for its various services, according to an Aave governance proposal that appeared last week but was subsequently deleted. DLNews first reported on the deleted proposal. Stablecoin platform M^0 is reportedly supporting the effort. MetaMask's mmUSD comes as interest in stablecoins soars, the result of a more favorable U.S. regulatory environment, the ... (full story)

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