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MetaMask’s mUSD Stablecoin Surpasses $65 Million Supply Within First Week

The newly launched mUSD stablecoin from MetaMask reaches over $65 million in circulating supply just one week after debut.

Summary

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Terms & Concepts
  • Stablecoin: A type of cryptocurrency designed to maintain a stable value, often pegged to a fiat currency like the U.S. dollar.
  • mUSD: A stablecoin issued by MetaMask, intended to offer a digital equivalent of the U.S. dollar for decentralized finance transactions.