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Anchorage Digital Acquires USDM Stablecoin Issuer Mountain Protocol
13.5.2025
Crypto bank Anchorage Digital has announced an agreement to acquire Mountain Protocol, the issuer of the USDM stablecoin. Expanding Anchorage’s Stablecoin Capabilities Anchorage Digital, federally chartered crypto bank in the U.S., has announced an agreement to acquire Mountain Protocol,...
Anchorage Digital buys Mountain Protocol, USDM stablecoin winds down
13.5.2025
Crypto bank Anchorage Digital has expanded its stablecoin offerings with the acquisition of Mountain Protocol, a stablecoin issuer that says it will begin winding down its main stablecoin, Mountain USD (USDM).The acquisition, which is subject to customary closing conditions and regulatory approval...
Anchorage Digital to Acquire USDM Issuer Mountain Protocol in Stablecoin Expansion Move
12.5.2025
The deal aims to strengthen Anchorage Digital’s role in the institutional stablecoin ecosystem, CEO Nathan McCauley said
Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement
25.9.2024
Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commission (SEC) charges against Trusttoken Inc. and Truecoin LLC, the companies behind the dollar-pegged token. TUSD Faces Removal From Curve Finance...
BlackRock tokenized treasury fund BUIDL reaches $500M
9.7.2024
BlackRock has hit the milestone less than four months after the launch of BUIDL in April
Mountain Protocol’s conventional USDM gets activated on Arbitrum
13.6.2024
Mountain Protocol positions and activates its conventional USDM on Arbitrum, an initial certified and permissionless stablecoin. It has the complete support of the US Treasuries and provides an APY of 5% via daily rewards. This will enable the Arbitrum community to connect with a simplified...
Mehen Finance delivers USDM
18.3.2024
Mehen Finance, the company responsible for Cardano’s initial fiat supported stablecoin, has now introduced USDM. The procedure for onboarding institutional clients will commence soon, paving the way for USDM to make its on-chain presence felt in the following week. There was a period when a strong...