MetaMask Partners with Stripe and Blackstone to Launch mmUSD
MetaMask Partners with Stripe and Blackstone to Launch mmUSD
🤝 Metamask's Power Trio
MetaMask has announced a significant partnership with financial giants Stripe and Blackstone to launch mmUSD, a new stablecoin initiative. This follows recent industry movements toward institutional crypto integration, including Moonpay's introduction of virtual accounts offering 6-10% APY on stablecoins.
Key points:
- Major partnership between MetaMask, Stripe, and Blackstone
- New stablecoin mmUSD in development
- Follows trend of traditional finance entering crypto space
- Builds on recent Moonpay virtual accounts launch
This development signals growing institutional interest in cryptocurrency infrastructure and stablecoin solutions.
ICYMI: @MetaMask partners with @stripe & @blackstone to launch $mmUSD @Tyler_Did_It on @fomohour ↓
ICYMI: @moonpay rolls out virtual accounts - Instant account creation - Earn 6-10% APY on stablecoins - Automate onchain yield + savings @Tyler_Did_It & @rektmando on @fomohour ↓
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Major stablecoin providers are making strategic moves into blockchain infrastructure development: - **Tether** (USDT issuer) - **Circle** (USDC issuer) - **Stripe** (payment processor) These companies are independently developing their own Layer-1 blockchain networks, potentially reshaping the digital payment landscape. This development signals a significant shift in how traditional fintech companies are approaching blockchain technology integration. *This news was shared by @Tyler_Did_It on @fomohour*