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GENIUS Act Ignites “Stablecoin Summer” in the U.S.
The bipartisan GENIUS Act establishes the first U.S. federal framework for fully-reserved dollar tokens, turning 2025 into “Stablecoin Summer.”
Stocktwits·1mo ago
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Next Technology Buys 5,000 BTC for $180M
JUST IN: Next Technology buys 5,000 BTC for $180M—now holds 5,833 BTC worth $600M+! #Bitcoin #CryptoNews The post Next Technology Buys 5,000 BTC for $180M appeared first on CoinoMedia.
CoinoMedia·4mo ago
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Anchorage Digital Buys USDM Issuer Mountain Protocol
Anchorage Digital acquires USDM issuer Mountain Protocol to grow its regulated stablecoin offerings! #AnchorageDigital #Stablecoin #CryptoNews 🪙 The post Anchorage Digital Buys USDM Issuer Mountain Protocol appeared first on CoinoMedia.
CoinoMedia·4mo ago
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Anchorage Digital Acquires Mountain Protocol for Stablecoin Expansion
Anchorage Digital acquires Mountain Protocol to boost stablecoin adoption amid regulatory progress. Read original article on bitcoininfonews.com
Bitcoin Info News·4mo ago
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Anchorage Digital buys Mountain Protocol, USDM stablecoin winds down
Anchorage Digital announced that it acquired stablecoin firm Mountain Protocol for an undisclosed amount. Mountain will also wind down its USDM stablecoin as part of the deal.
Cointelegraph.com News·4mo ago

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AboutThe USDM token is a rebasing ERC20 token, redeemable at a pegged 1:1 USD value by primary users. USDM is a fully backed stablecoin, backed by "USDM Reserves", which are held under custody with regulated financial institutions in bankruptcy-remote accounts, segregated from the Company's operating accounts, on behalf of, and for the benefit of, Users. USDM rebases daily, allowing users to receive rewards. These rewards are generated by the interest paid by the US Treasuries held in the USDM Reserves.Show More
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Arbitrum EcosystemBase EcosystemEthereum EcosystemFiat-backed StablecoinOptimism EcosystemPolygon EcosystemStablecoinsZkSync Ecosystem
Date
Market Cap
Volume
Close
September 05, 2025
$47.96M
$1,088.32
---
September 05, 2025
$47.95M
$966.52
---
September 04, 2025
$47.94M
$4.30
$1.00
September 03, 2025
$47.93M
$8.74
$1.00
September 02, 2025
$48M
$1,900.46
$1.00
September 01, 2025
$48M
$1,900.46
$1.00
August 31, 2025
$47.96M
$990.20
$1.00
August 30, 2025
$47.79M
$352.99
$1.00
August 29, 2025
$47.92M
$4.46
$1.00
August 28, 2025
$47.83M
$411.50
$1.00

Poll

September has historically been the worst month for crypto. Will 2025 break the trend?
Yes, Bitcoin finishes higher
No, Bitcoin drops again
Flat / no big move

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