Stablecoin issuer Mountain Protocol has been acquired by Anchorage Digital, and will cease the issuance of USDM.

Blockbeats
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BlockBeats News, May 13th, According to official sources, cryptocurrency financial services company Anchorage Digital announced that it will enter the stablecoin business through the acquisition of Mountain Protocol. As part of the acquisition, Mountain Protocol will begin a controlled wind-down of the USDM project.

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