Ethereum Wallet Metamask will probably unveil its own stablecoin this week: Source

Metamask, the cryptocurrency portfolio that has gained popularity in the Ethereum blockchain ecosystem, is likely to reveal the details of its own personalized scams in American dollars shortly, potentially this week, according to a person who knows the problem.

The Stablecoin Metamask (Musd) Would have already been underway thanks to a prematurely displayed governance proposal that was quickly removed last week. After the potential announcement of this week, the new token at Pius in Dollars will become a live asset at the end of this month, the person said.

Metamask, who said that he had more than 30 million active monthly users, strives to publish his stablecoin with the help of Bridge, a company acquired by the Giant Fintech Stripe earlier this year which helps companies to integrate the Payment Rails of Stablecoin and the stable emission protocol.

In addition to working in close collaboration with Bridge on the Musd Stablecoin, Metamask also called on the director of alternative Blackstone traditional financing to help care and cash management services for the token, said the person.

Metamask and M ^ 0 refused to comment. Blackstone and Bridge did not immediately respond to requests for comments.

Like several other large cryptographic platforms that hold large amounts of user funds in the form of main stables like USDT de Tether and USDC de Circle, the prerogative of Metamask to launch a brand stablecoin is motivated by the opportunity to share underlying cash links.

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