Portfolio company Mountain Protocol, issuer of the USDM stablecoin, was acquired by Anchorage Digital.
Mountain Protocol is a regulated financial institution that issues the USDM token, a permissionless yield-bearing stablecoin backed by US Treasury reserves
Mountain Protocol is a regulated financial institution that issues the USDM token, a permissionless yield-bearing stablecoin backed by US Treasury reserves. It operates on multiple blockchains and emphasizes security, transparency, and compliance.