Switzerland-based M0 stablecoin platform raised $40 million in Series B funding, accelerating a model that separates stablecoin reserve management from programmability. Backed by Polychain Capital, Ribbit Capital, Pantera, Bain Capital Crypto, and Endeavor Catalyst, the M0 stablecoin platform reported a $300 million aggregate supply as of July 2025. Founded in 2023, the M0 stablecoin platform powers upcoming launches like MetaMask mUSD on Ethereum and Linea, and integrates the U.S.-regulated issuer Bridge. The aim: deliver regulated asset backing while giving developers precise stablecoin issuance controls.
Series B funding momentum
Investors signaled strong demand with the $40 million round ahead of the MetaMask deployment. This Series B funding builds on roughly $100 million previously raised since the 2023 founding. For a space wary of depegs and opacity, the M0 stablecoin platform stands out by letting licensed custodians manage cash and U.S. Treasuries while developers define how value moves. That division of labor targets speed, transparency, and scale. For developers, the M0 stablecoin platform reduces vendor lock-in.
Programmability with compliance
Most stablecoins blend custody and code. The M0 stablecoin platform decouples them, so regulated firms handle reserves and auditors, while builders own programmability. Teams can encode transfer rules, mint and burn logic, and fine-grained permissions without touching bank rails. This architecture lets the M0 stablecoin platform serve consumer apps, exchanges, or on-chain fintech that need custom controls without compromising regulated asset backing.
Regulated asset backing explained
Trust hinges on reserves. On the M0 stablecoin platform, third parties manage cash and U.S. Treasuries under clear oversight, while on-chain proofs and policies map to real-world accounts. Bridge expands licensed coverage for specific jurisdictions, helping issuers meet audits and monitoring requirements. By reducing counterparty sprawl, the M0 stablecoin platform makes compliance workflows clearer for enterprises and regulators alike.
MetaMask mUSD on Linea
MetaMask mUSD is set to launch on Ethereum and the Linea Layer-2, with the M0 stablecoin platform providing the backbone. Wallet-native access should boost retail familiarity and institutional routing, especially for cross-chain payments and market-making. For power users, programmability enables faster settlement and composable rails across exchanges and DeFi protocols. Expect sticky liquidity once integrations stack up. That visibility should accelerate integrations around the M0 stablecoin platform.
Builders: Noble and Usual
Adoption is building across the stack. Noble explores issuance in the Cosmos ecosystem, while Usual aligns product design with compliant flows. Gaming and consumer rails are coming from Playtron and KAST. Each leverages the M0 stablecoin platform to tailor stablecoin issuance controls for their user bases, cutting time-to-market and reducing operational risk. Across use cases, the M0 stablecoin platform acts like a toolkit rather than a single coin.
Bridge integration and licenses
Bridge, a U.S.-regulated issuer, ties licensing and monitoring to on-chain policy enforcement. That linkage helps the M0 stablecoin platform harmonize global distribution with regional guardrails. For institutions, this alignment reduces vendor sprawl and shortens integration cycles. Combined with clear attestations, it strengthens confidence in reserve quality and redemption. It keeps the M0 stablecoin platform flexible without losing oversight.
Digital dollar infrastructure impact
Stablecoins now clear more volume than many card networks. The M0 stablecoin platform pushes digital dollar infrastructure forward by letting developers move fast while regulated partners keep assets safe. It is a pragmatic response to fragmented rules and evolving expectations after high-profile failures. With $300 million aggregate supply and growing, the M0 stablecoin platform is positioning for mainstream finance. Enterprises can adopt the M0 stablecoin platform without re-architecting back offices.
DeFi readiness on Ethereum
For decentralized finance, composability is everything. The M0 stablecoin platform is built for liquidity routing, collateral use, and automated market operations across Ethereum and beyond. Clear APIs and guardrails suit exchanges, lenders, and payment apps that demand uptime and predictable flows. As liquidity deepens, new yield strategies should emerge without compromising risk controls. That balance makes the M0 stablecoin platform a natural base layer for DeFi liquidity.
Bottom line: the M0 stablecoin platform gives builders speed and compliance in one stack. Backers like Polychain Capital, Ribbit Capital, Pantera, Bain Capital Crypto, and Endeavor Catalyst see the same trend: programmable dollars with regulated reserves will win. If execution matches the vision, the M0 stablecoin platform could become default plumbing for web3 payments and trading. For users, the M0 stablecoin platform should feel simple while complex rules run under the hood.
Frequently asked questions about M0 stablecoin platform (FAQ)
What makes the M0 stablecoin platform different from traditional stablecoins?
It separates stablecoin reserve management from programmability. Regulated custodians handle assets, while developers control issuance and movement through on-chain policy.
How does MetaMask mUSD fit into this ecosystem?
MetaMask mUSD will launch on Ethereum and Linea with M0 providing the backbone, bringing wallet-native access, faster settlement, and broad DeFi composability.
Which investors back M0?
The round included Polychain Capital, Ribbit Capital, Pantera, Bain Capital Crypto, and Endeavor Catalyst, reflecting confidence in compliant, programmable stablecoin rails.
Is the platform suitable for institutions?
Yes. Bridge integration and clear attestations support regulated asset backing, while APIs enable stablecoin issuance controls that map to enterprise workflows.
Who is already building with M0?
Notable teams include Noble, Usual, Playtron, and KAST, each using M0 to tailor features across payments, gaming, and consumer applications.
