Stripe’s Bridge Partners with M0 Protocol to Launch MetaMask’s mUSD Stablecoin

Stripe-owned Bridge, a U.S.-licensed stablecoin issuer, has teamed up with blockchain infrastructure provider M0 to facilitate the rollout of custom stablecoins. The collaboration begins with MetaMask's proprietary mUSD token, leveraging Bridge's regulatory expertise and M0's application-specific stablecoin technology.

The stablecoin market, now valued at $250 billion, continues to expand as regulatory clarity improves. The GENIUS Act, signed into law by former President Donald Trump, has accelerated institutional interest in dollar-pegged digital assets. Application-specific stablecoins are gaining traction, allowing platforms like MetaMask to issue branded tokens while outsourcing compliance and infrastructure.

This MOVE follows a growing trend of major fintech players entering the stablecoin space. Paxos issues PayPal's PYUSD, while BitGo supports World Liberty Financial's USD1. Earlier this month, U.S. fintech Slash also launched a stablecoin through Bridge.