MetaMask Stablecoin Launch $mUSD Is Live Now: How Does It Work?
MetaMask, the widely trusted cryptocurrency wallet, has officially launched its proprietary stablecoin, $mUSD. This move signals a strategic expansion into the stablecoin market, leveraging MetaMask's established user base and reputation for security.
The $mUSD stablecoin aims to provide users with a reliable digital dollar alternative within the MetaMask ecosystem. Details on its underlying collateralization mechanism remain undisclosed, but industry observers anticipate a fully-backed model to ensure price stability.