0xd0fe2019…4331sent to0x886d4059…f90a·#23,885,171·view on Etherscan
# Onboard [REDACTED] as a Minter
The present proposal recommends onboarding [REDACTED] as an additional Minter on the M0 protocol.
The teams at M0 Labs and M0 Foundation have been collaborating with [REDACTED] in order to have it integrate with the M0 protocol for the purpose of holding eligible collateral (as per M0's Adopted Guidance) and minting $M in order to wrap it into M0 extensions designed for client app developers.
Well-known for their stablecoin infrastructure capabilities, [REDACTED] will, if approved, become a Minter for M0 stablecoins out of the US market.
Through this recent collaboration, the M0 teams are satisfied with [REDACTED]'s ability to meet the Adopted Guidance bar from the perspective of holding collateral, completing the technical integration with the M0 protocol, abiding to regulatory requirements, and contracting with existing validator(s).
Governors willing to have access to detailed information should get in touch with the M0 Foundation team, who can, under appropriate NDA, disclose Minter onboarding documentation and any additional information.
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