Trillion stablecoins rely on "foundry" to land

Original title: "Foundries of Future Trillion Stablecoins"

The original author :Sleepy.txt

Bridge, a stablecoin issuance platform owned by Stripe, one of the world's largest online payment infrastructures, launched the native stablecoin MetaMask USD (mUSD) for MetaMask, a wallet application with more than 30 million crypto users.

Bridge is responsible for the full issuance process, from reserve custody and compliance audits to smart contract deployment, while MetaMask focuses on polishing the front-end product interface and user experience.

This cooperation model is one of the most representative trends in the current stablecoin industry, and more and more brands are choosing to outsource the complex issuance process of stablecoins to professional "foundries", just like Apple handed over the production of iPhones to Foxconn.

Since the birth of the iPhone, Foxconn has been taking on core production tasks almost constantly. Today, about 80% of the...

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