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MetaMask enters stablecoin scene with mUSD launch on Ethereum and Linea – TON BOT

MetaMask enters stablecoin scene with mUSD launch on Ethereum and Linea

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MetaMask plans to launch its own stablecoin, mUSD, on Ethereum and Linea L2 in collaboration with Bridge and M0. The stablecoin will be fully backed by dollar equivalent assets and integrated into major DeFi protocols. This move aims to increase liquidity and value locked in the ecosystem, allowing users to easily swap, transfer, and spend mUSD. The launch coincides with a more supportive regulatory environment for stablecoins in the US, potentially accelerating the growth of the sector. Castle Labs emphasizes the importance of liquidity, usability, and integration for the success of stablecoin projects.

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