TechFlow, August 14 — According to sources, cryptocurrency wallet MetaMask is expected to unveil details of its own dollar-pegged stablecoin, mUSD, as early as this week. The project was previously revealed by a governance proposal that was briefly published and quickly removed, with plans to launch by the end of this month. The mUSD stablecoin will be issued with assistance from Bridge, a stablecoin payments service provider (recently acquired by financial technology company Stripe), and the stablecoin issuance protocol M^0, while alternative asset management firm Blackstone will provide custody and fund management services. (CoinDesk)
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