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Stablecoin Issuer Mountain Protocol Completes $8 million Series A Funding

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2024-06-06 15:06:59
Mountain Protocol, an income-based stablecoin issuer, announced the completion of a $8 million Series A round led by Multicoin Capital, with participation from Castle Island Ventures, Coinbase Ventures, and other investors. Mountain Protocol is the issuer of USDM, a "fully-backed" income stablecoin. (Theblock)
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