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MountainProtocol
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Mountain Protocol has raised $8M in a Series A funding round led by Multicoin Capital and participated by other investors. The USDM is the first prudentially regulated, yield-bearing stablecoin, which means it is backed by a stable currency and earns interest. #MountainProtocol #USDM #stablecoin #TopCoinsJune2024 #BnbAth
Mountain Protocol has raised $8M in a Series A funding round led by Multicoin Capital and participated by other investors.

The USDM is the first prudentially regulated, yield-bearing stablecoin, which means it is backed by a stable currency and earns interest.

#MountainProtocol #USDM #stablecoin #TopCoinsJune2024 #BnbAth
Mountain Protocol raises $8M in a Series A funding round #MountainProtocol secures $8M in a Series A funding round led by Multicoin Capital with participation from Coinbase Ventures, Castle Island Ventures, The Department of XYZ, Bankless, Wormhole, and Aptos. Mountain Protocol is the issuer of USDM, a yield-bearing stablecoin backed entirely by U.S. Treasuries. Previously, the project secured $4M in a Seed funding round from Coinbase Ventures, Daedalus, Castle Island Ventures, and others. 👉 x.com/MountainUSDM/status/1798740495679815731
Mountain Protocol raises $8M in a Series A funding round

#MountainProtocol secures $8M in a Series A funding round led by Multicoin Capital with participation from Coinbase Ventures, Castle Island Ventures, The Department of XYZ, Bankless, Wormhole, and Aptos. Mountain Protocol is the issuer of USDM, a yield-bearing stablecoin backed entirely by U.S. Treasuries.

Previously, the project secured $4M in a Seed funding round from Coinbase Ventures, Daedalus, Castle Island Ventures, and others.

👉 x.com/MountainUSDM/status/1798740495679815731
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