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Interest-bearing stablecoin issuer Mountain Protocol launches on Base Chain

Interest-bearing stablecoin issuer Mountain Protocol launches on Base Chain

Odaily2024/07/24 11:24
By:Odaily
Odaily News Interest-bearing stablecoin issuer Mountain Protocol announced on X that it has launched on the Base chain, further expanding its ecosystem. The Base community can now obtain composable interest-bearing stablecoins fully backed by U.S. Treasuries through the protocol. In addition, Mountain Protocol plans to integrate more blockchains. Earlier in June, 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. Mountain Protocol is the issuer of USDM, an interest-bearing stablecoin fully backed by U.S. Treasuries.
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Ripple wins SEC lawsuit and recovers $75M after legal battle ends

Share link:In this post: Ripple and the SEC agreed to settle their lawsuit with a $50 million payment, and Ripple will get $75 million back. This ends a legal battle that started in 2020 and has weighed on XRP for years. XRP’s price jumped over 10% as investors expect the court to approve the deal soon.

Cryptopolitan•2025/05/09 02:34
Ripple wins SEC lawsuit and recovers $75M after legal battle ends
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Ethereum (ETH) Soars Above $2000; What’s Next?

CryptoNewsNet•2025/05/09 00:12

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Bitcoin
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Ethereum
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ADA
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+10.99%
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TRX
$0.2558
+2.68%
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