PancakeSwap launches new MUSD-USDC pool on Monad, boosting APRs with MetaMask stablecoin

PancakeSwap has added a new MUSD-USDC stablecoin liquidity pool on the Monad blockchain, increasing its incentivized pools on the platform to 17. This new pool pairs MetaMask's treasury-backed stablecoin mUSD with USDC, offering liquidity providers higher annual percentage rates via the Merkl reward distribution platform. The integration supports both v2 and v3 liquidity models, enhancing capital efficiency for stable pairs. While specific APRs were not disclosed, investors should note that incentives are temporary and assess risks related to smart contracts and multi-protocol interactions.