Hassan Maishera
On Wednesday, the Wormhole team announced via X that M^0's stablecoin, $M, is now natively multichain and live on Arbitrum, powered by Wormhole NTT. $M is a digital dollar building block for developers.
Backed by a hyper-transparent basket of US treasuries, $M allows developers to extend it into their own safe, programmable, interoperable stablecoin.
Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.1680, up 4% in the last 24 hours.
