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News Explorer — Anchorage Digital Agrees to Acquire Stablecoin Issuer Mountain Protocol

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May 12, 6:06 pm
Coindesk

Anchorage Digital Agrees to Acquire Stablecoin Issuer Mountain Protocol

Anchorage Digital has announced the acquisition of stablecoin issuer Mountain Protocol to enhance institutional stablecoin support. The move aims to integrate Mountain's technology and team into Anchorage's operations pending regulatory approval. Stablecoins are gaining importance in the digital economy, with a potential market growth to trillions of dollars.

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