If approved, the integration of Brale will unlock regulated access to the M0 platform for US-based
applications.
Stablecoin issuance and orchestration platform Brale has partnered with M0 stablecoin platform to be the first minter of M0-powered stablecoins in the United States market.
Each approved issuer holds a portion of the overall collateral for the network, and becomes permissioned to mint any of the application-specific stablecoins built on the platform. Brale joining the M0 network of issuers means businesses and developers in the US will be able to source liquidity through a local regulated issuer.
Any entity can apply to M0 governance to become a permissioned Minter, and Brale is in the process of applying to governance to become an official M0 issuer. This process is expected to complete in the coming months.
“It’s a key step toward making M0 more accessible to businesses in the US,” said Luca Prosperi, co-founder and CEO at M0. “With the upcoming regulatory clarity around stablecoins in the US, and with the amount of interest we have for our platform, expanding in this direction has been a priority. Brale’s out-of-the-box issuance capabilities makes them an ideal partner, and having them as an M0 Minter reinforces our approach to building an open and federated platform for programmable stablecoins.”
“Our expertise is enabling the future of money movement.” said Ben Milne, founder and CEO of
Brale. “We believe M0 is building an important part of that future. Joining as a Minter allows us
to further serve inventive stablecoin use cases building on M0 in the US, and extend the
innovative network model of global reach and local accountability.”
