Anchorage Digital Acquires Mountain Protocol to Expand Stablecoin Services

Anchorage Digital has acquired Mountain Protocol, the company behind USDM, in a move that will significantly shape the stablecoin landscape within the digital asset industry. This acquisition marks a crucial step for Anchorage as it seeks to capitalize on the growing demand for institutional-grade stablecoins. The purchase strengthens Anchorage’s regulatory compliance and stablecoin expertise while potentially paving the way for a new era of safe and secure digital assets.