Sources: MetaMask will collaborate with Bridge and Blackstone Group, and is expected to announce the launch of its stablecoin mUSD this week

ChainCatcher news, according to CoinDesk, sources say that MetaMask is expected to announce the launch of its stablecoin mUSD this week and provide more details. Insiders indicate that mUSD has been in preparation and will become an official asset by the end of this month.

It is reported that MetaMask will work closely with Bridge, a subsidiary of Stripe, and is also seeking assistance from traditional financial asset management company BlackRock to help provide custody and asset management services for the token.