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MetaMask, the self-custody crypto wallet owned by Consensys, said Thursday it will roll out its own dollar-backed stablecoin, ...

The popular Ethereum (ETH)-focused crypto wallet MetaMask is announcing plans to launch its very own stablecoin.

MetaMask is launching its first native stablecoin, mUSD, backed 1:1 by cash and short-term Treasuries. It will support DeFi and cross-chain use.