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MetaMask has announced the issuance of its native stablecoin mUSD, which will be issued by the Bridge platform under Stripe and minted through the decentralized infrastructure of M0, supported 1:1 by cash and high liquidity assets such as short-term US Treasuries. This is the first stablecoin launched directly by a hosted wallet, and MetaMask plans to support the use of the MetaMask card at Mastercard merchants by the end of the year.