According to ChainCatcher, according to official news, the yield-based stablecoin issuer Mountain Protocol has become the financial management partner of the Arbitrum STEP program. After the relevant proposal is approved by the wider community, USDM will become one of the DAO treasury reserve assets.
According to RootData, the yield-based stablecoin issuer Mountain Protocol announced the completion of an $8 million Series A financing round, led by Multicoin Capital, with participation from Castle Island Ventures, Coinbase Ventures and other investors.
