METAMASK TO LAUNCH MUSD STABLECOIN

Summary from the TLDR Crypto newsletter

MetaMask's mUSD is a fully-backed stablecoin issued by Stripe-owned Bridge and powered by M0. It will be launched later this year on Ethereum and Linea. Billed as the first stablecoin native to a self-custodial wallet, mUSD will integrate across MetaMask's ecosystem for on-ramps, swaps, bridging, and spending, including with the MetaMask Card. Backed by cash and Treasuries that generate yield, mUSD aims to deepen liquidity on Linea and Ethereum while reducing onboarding friction for MetaMask's 100M+ users.