MetaMask don launch mUSD stablecoin wit Blackstone & Stripe bridge
MetaMask go launch im 1:1 USD-backed mUSD stablecoin by end-August 2025, dem dey partner wit Blackstone for reserve custody and treasury management and Stripe’s Bridge for fiat on/off-ramps. Governance and minting na handled by di M^0 protocol, while di reserves dem dey invest for short-term US Treasuries to generate yield. Dem dey operate under di US GENIUS Act, mUSD go get monthly audits, KYC/AML compliance and full high-quality liquid asset backing. E go dey integrated directly inside MetaMask wallet, mUSD stablecoin wan offer traders lower fees, stable liquidity, and regulated alternative to USDT and USDC, wey go boost competition and liquidity for di Ethereum network.
Neutral
Di launch of di mUSD stablecoin no go too cause any big kpafore kpafore for price because stablecoins dem suppose to hold one dollar steady. Short term, mUSD following di GENIUS Act and joining MetaMask go make am easier for traders to dey trade and make liquidity better. Long term, Blackstone backing am and strong connection with Stripe Bridge fit make market trust am more and many pipo go start to use am for DeFi, supporting network activity without shakina di stablecoin price.