Anchorage Digital Acquires Mountain Protocol, Winds Down USDM Stablecoin
Crypto-native bank Anchorage Digital is deepening its footprint in the stablecoin sector by acquiring Mountain Protocol, a Bermuda-regulated stablecoin issuer. The deal, which awaits regulatory approval and customary closing conditions, will see Anchorage absorb Mountain Protocol’s team, technology stack, and licensing framework. Anchorage, the only federally chartered digital asset bank ...
