Anchorage Digital acquires the signature Mountain Protocol, emitters of the USDM stablecoin

The merger seeks to combine technology, licenses and regulatory vision to strengthen the digital asset ecosystem, especially that of the stablecoin, to position Anchorage within said space.

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• Digital anchorage It will be done with the technology and the team of Mountain Protocol.
• Among the plans of Anchorage It is taking a place in the Stablecoin sector, which is having a lot of boom.
• The operation marks a commitment to the institutional expansion of Stablecoins.

Digital anchoragean authorized crypto bank at the federal level in the United States, announced on Monday a final agreement to acquire Mountain ProtocolStablecoins issuing company regulated in Bermudas.

An agreement to position yourself in the stablecoin sector

This was announced by the team of Anchorage In an official statement, where they indicate that the operation is framed in a broader strategy to consolidate the institutional use of Stablecoins, a segment of the crypto market that has gained prominence amid regulatory advances and growing bank interest. The acquisition includes the technology, the equipment and the legal structure of Mountain protocol, But the closure of the agreement is subject to regulatory and final validation processes.

Nathan McCauley, co -founder and CEO of Anchorage, said that “Stablecoins are becoming the backbone of the digital economy,” and assured that this integration represents “A significant step to advance in a new era of security, compliance and institutional adoption of digital assets.”

Currently, the Stablecoins market is estimated at USD $ 230,000 million, but banks such as Citi They project that you could climb to Billones during this decade, driven by asset token and digitalization of payments on a global scale.

The growing attention to this space has given rise to a consolidation process. Earl this year, Circle – Emisora of USDC, ”he added to Hashnote, token responsible with performance Usdy The strategy behind these movements is clear: Position yourself before US regulation defines a new framework for these digital currencies.

What does it contribute Mountain protocol?

Mountain protocol, Under the supervision of the Bermuda monetary authorityemits USDM, A stablecoin with performance backed by American treasure bonds in the short term. The Token was launched in the late 2023 and managed to quickly capture market attention, reaching an offer of USD $ 150 million in its first months, partly thanks to a rewards program.

However, that figure subsequently descended to USD $ 50 million, according to data from Rwa.xyz, A real world asset analysis platform (RWA). Despite the fall, the regulatory design and the approach to sovereign instruments position USDM as a potentially attractive tool for institutions seeking regulatory performance and compliance.

With this acquisition, Anchorage Not only adds a functional technology, but also a licensing framework that could facilitate future global expansions. The fusion between the two could allow new custody products and emission of stablcoins with sovereign support, adjusted to multiple jurisdictions regulations.

The CEO of Anchorage He stressed that his long -term vision is that “Every company will be a Stablecoins company.” This phrase encapsulates a paradigm shift: to see cryptocurrencies as speculative assets to consider them as essential financial tools for payments, reserves of transboundary value and compliance.

The integration of Mountain Protocol reinforces this vision, combining institutional security with innovation in digital assets. As the United States regulatory entities advance in specific laws to regulate these types of assets, movements such as this position Anchorage as one of the main actors of the new digital financial ecosystem.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

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