Sources: MetaMask to Partner with Bridge and BlackRock, May Announce Launch of Its Stablecoin mUSD This Week

According to ChainCatcher, citing a report from CoinDesk, sources say that MetaMask may announce the launch of its stablecoin mUSD this week and release more details. Insiders revealed that mUSD is already in preparation and is expected to become an official asset by the end of this month.

It is reported that MetaMask will work closely with Bridge, a subsidiary of Stripe, and is also seeking assistance from traditional financial asset management firm Blackstone to help provide custody and asset management services for the token.