Anchorage Digital Acquires Mountain Protocol for Stablecoin Expansion
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Anchorage Digital Acquisition: Anchorage Digital has acquired Mountain Protocol to enhance its institutional stablecoin strategy, focusing on regulatory compliance and safety in the digital asset space. This acquisition will wind down the USDM stablecoin, impacting liquidity in the crypto market.
Market Implications: The move is expected to stabilize institutional interest in compliant stablecoins and may encourage investor confidence in Anchorage's offerings, drawing parallels with previous strategic collaborations in the crypto industry aimed at regulatory clarity.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






