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Switzerland-based stablecoin platform M0 has secured $40 million in Series B funding to revolutionize how token issuers and developers interact. The round was led by Polychain Capital and Ribbit Capital, bringing total funding to $100 million since 2023. M0’s innovative approach separates stablecoin reserve management from programmability, supporting major launches including MetaMask’s upcoming mUSD stablecoin.
- M0's platform separates stablecoin reserve management (handled by regulated entities) from programmability (controlled by developers), enabling greater flexibility and compliance
- The platform will support MetaMask's mUSD stablecoin launch on Ethereum and Linea, with Bridge providing licensing, monitoring, and reserve management services
- M0 has onboarded several major partners including Noble, Usual, Playtron, and KAST, and achieved over $300 million in aggregate stablecoin supply as of July 2024
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Other Tags: Tether (USDT), Consensys, Pantera, Blockchain, DeFi, MetaMask, Polychain Capital, Stripe