Mountain Protocol launches native stablecoin USDM on Arbitra
2024-06-13 02:20:18
Mountain Protocol, an income-based stablecoin issuer, announced that it has launched its native stablecoin USDM on Arbitrum. USDM is the first regulated and permissionless stablecoin, fully backed by U.S. Treasury bonds, and currently offers a 5% annual interest rate through daily rewards.
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