According to TechFlame, stablecoin startup M0 has completed a $40 million Series B round, led by Polychain and Ribbit Capital, with participation from Endeavor Catalyst, Pantera, and Bain Capital Crypto. M0 is building a network layer to enable different stablecoin issuers to achieve interoperability and liquidity. Luca Prosperi, co-founder and CEO of M0, said the company will focus on scaling up the network for the next 2-5 years. Notably, cryptocurrency wallet MetaMask recently announced a partnership with M0 to launch its stablecoin.