BlockBeats News, August 6th, according to a governance proposal, MetaMask plans to partner with Stripe to launch a stablecoin called "MetaMask USD (mmUSD)." This stablecoin will be issued by Stripe but will utilize the "M^0" network for off-chain issuance and settlement.
This stablecoin will be designed as a core asset within the MetaMask ecosystem and seamlessly integrated into various MetaMask services. Currently, neither MetaMask nor Stripe has provided official confirmation, and specific details regarding the stablecoin's structure, release schedule, or regulatory aspects are limited.