MetaMask Launches mUSD Stablecoin, Bringing DeFi to Mainstream

MetaMask has launched its own stablecoin, mUSD, aiming to revolutionize decentralized finance (DeFi). Backed by Bridge, a subsidiary of Stripe, the stablecoin will launch on Ethereum and Linea and promises 1:1 backing with liquid dollar-equivalent assets. This marks a significant step for the MetaMask ecosystem, offering increased credibility and accessibility within the DeFi landscape.