Overview

• Polychain Capital and Ribbit Capital led the Series B, bringing M0’s total capital raised since 2023 to roughly $100 million.
• M0 reports its platform topped $300 million in aggregate stablecoin supply in July as application-specific tokens onboarded.
• Bridge, acquired by Stripe last year, integrated as M0’s first U.S.-regulated issuer and will handle licensing, monitoring, and reserves for builders.
• MetaMask has announced its mUSD stablecoin, with M0 supporting a planned debut on Ethereum and Linea.
• CEO Luca Prosperi says the network aims to let multiple issuers interoperate for shared liquidity, with rapid scaling prioritized over near-term profit.