Close Menu
  • Latest News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Meme Coins
  • DeFi
  • Tech
    • Blockchain
    • Security and Privacy
  • Web 3
    • Web3 News
    • Gaming
  • Legal
    • Taxes & Regulation
    • Adoption
  • Analysis
  • Learn
    • Education
    • Wallets and Exchanges
  • Tools
    • Market Overview
    • Converter
What's Hot

Polygon surges 10% ahead of Heimdall v2 upgrade

July 10, 2025

Jack Ma-Backed Ant Group Teams Up With Circle to Integrate USDC: Report

July 10, 2025

Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

July 10, 2025
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
Facebook X (Twitter) Instagram
Buy Crypto NewsBuy Crypto News
  • Latest News
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. Meme Coins
    5. View All

    Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin on Its Blockchain

    July 10, 2025

    Bitcoin Hits New All Time High At $112,000 As Corporations Buy Record Amounts Of BTC

    July 10, 2025

    Is the 2025 Altseason Here? Experts’ Insights 

    July 10, 2025

    Bitcoin Setup Suggests Explosive Rally Incoming, According to Analyst Who Called 2021 Crypto Top

    July 9, 2025

    Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

    July 10, 2025

    Ethereum projections shift bullish: Is $3K in Q3 possible?

    July 10, 2025

    Ethereum Price Soars on $148M Inflows as Bulls Target $2,610 Breakout?

    July 10, 2025

    BTC Sleeps And ETH Moves

    July 9, 2025

    Crypto Hackers Drain $42,000,000 From Decentralized Perps Exchange GMX, Sends Funds to Unknown Wallet: Report

    July 10, 2025

    Decoding Ethereum’s role as ‘a store of value’ – Can ETH hit $3.2K soon?

    July 10, 2025

    Pundit Says XRP’s Rise To $1,000 Will Happen A Lot Sooner Than Anticipated

    July 10, 2025

    Bonk.fun flips Pump.fun – What does this mean for the Solana-based meme’s demand?

    July 9, 2025

    Pepe, BMT, CAKE: Crypto Activity Heats Up

    March 18, 2025

    SHIB Burns Over Half a Billion Tokens, Price Surges Over 7%

    March 17, 2025

    DOGE Sees Massive User Growth: Active Addresses Up 400%

    March 15, 2025

    Shiba Inu (SHIB) Price Analysis: Bullish Hints, Bearish Trend

    March 15, 2025

    Polygon surges 10% ahead of Heimdall v2 upgrade

    July 10, 2025

    Jack Ma-Backed Ant Group Teams Up With Circle to Integrate USDC: Report

    July 10, 2025

    Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

    July 10, 2025

    Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin on Its Blockchain

    July 10, 2025
  • DeFi

    Polygon surges 10% ahead of Heimdall v2 upgrade

    July 10, 2025

    ETH gains ground in corporate treasuries with GameSquare’s $100M pivot 

    July 10, 2025

    Pump.fun’s PUMP ICO stirs controversy over token allocation

    July 10, 2025

    Crypto.com strikes travel payments deal with Emirates airline

    July 9, 2025

    Pump.fun’s $4B Token Launch Collapses Amid Surging Backlash—Can Bonk Capitalize?

    July 9, 2025
  • Tech
    1. Blockchain
    2. Security and Privacy
    3. View All

    Jack Ma-Backed Ant Group Teams Up With Circle to Integrate USDC: Report

    July 10, 2025

    Baishi AI Joins Forces with PAI3 to Drive Human Decision-Making in AI Gaming Systems 

    July 10, 2025

    Digital Assets Are Not Going Away, Senator Tim Scott Says

    July 10, 2025

    Spheron x AIxBlock Partnership Aims to Reshape AI Training with Web3 Power

    July 10, 2025

    Scam targets dormant Bitcoin wallets with fake legal notice

    July 9, 2025

    North Korean Hackers Target Crypto Firms with Novel macOS Malware

    July 3, 2025

    Crypto firms paid $2.7M monthly to North Korean workers

    July 3, 2025

    International Taskforce Dismantles €460m Crypto Fraud Network

    July 1, 2025

    Polygon surges 10% ahead of Heimdall v2 upgrade

    July 10, 2025

    Jack Ma-Backed Ant Group Teams Up With Circle to Integrate USDC: Report

    July 10, 2025

    Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

    July 10, 2025

    Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin on Its Blockchain

    July 10, 2025
  • Web 3
    1. Web3 News
    2. Gaming
    3. View All

    Why AAA Game Studios Will Eventually Embrace NFTs

    July 10, 2025

    Intermap Announces Jack Hild Retires as Director

    July 10, 2025

    Wi‐Fi Analytics Market to Explode to USD 87.8 B by 2030 at 26.8 % CAGR

    July 10, 2025

    Less Hype, More Utility: 5 Ways NFTs Are Rebuilding in 2025

    July 9, 2025

    ChatGPT vs X: Who Sees Crypto Narratives First?

    July 10, 2025

    Floki’s Valhalla Surpasses 100K Veras Minted Within Days of Launch

    July 10, 2025

    Gear Runner Integrates with Meta Arena to Deliver Gamified Real-World Activity and Move to Earn for GameFi Fans

    July 10, 2025

    ‘OpenSeason’ Crypto Game Goes Offline as Devs Pivot to Gambling on Nudity

    July 9, 2025

    Polygon surges 10% ahead of Heimdall v2 upgrade

    July 10, 2025

    Jack Ma-Backed Ant Group Teams Up With Circle to Integrate USDC: Report

    July 10, 2025

    Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

    July 10, 2025

    Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin on Its Blockchain

    July 10, 2025
  • Legal
    1. Taxes & Regulation
    2. Adoption
    3. View All

    New Zealand to ban crypto ATMs in AML crackdown

    July 10, 2025

    Crypto tax evaders to face fines in the United Kingdom

    July 10, 2025

    Greece recovers part of funds stolen in Bybit hack as its first crypto asset seizure

    July 10, 2025

    Singapore Slams Banks, Crypto as $3B Money Laundering Scandal Ends

    July 10, 2025

    Rex-Osprey spot Solana ETF doubles cumulative inflows to $41M on July 8

    July 10, 2025

    Crypto.com signs major deals in Dubai to enable crypto payments

    July 10, 2025

    Ripple appoints BNY Mellon as custodian for RLUSD reserves as supply tops $500M

    July 9, 2025

    Volkswagen ADMT chooses Solana-based Hivemapper to power Robotaxi test fleet

    July 9, 2025

    Polygon surges 10% ahead of Heimdall v2 upgrade

    July 10, 2025

    Jack Ma-Backed Ant Group Teams Up With Circle to Integrate USDC: Report

    July 10, 2025

    Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

    July 10, 2025

    Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin on Its Blockchain

    July 10, 2025
  • Analysis

    Ripple Price Prediction For July 10

    July 10, 2025

    Bitget latest CEX to expand into tokenized equity trading via xStocks integration

    July 10, 2025

    Crypto Market Live —Top Tokens Stabilise While Cronos Explodes With Over 2000% Rise in Volume, Followed by Raydium

    July 9, 2025

    JPMorgan Will Become Trillion-Dollar Company Amid Adoption of ‘Most Transformational Technology,’ According to TD Cowen – Here’s When

    July 9, 2025

    Cronos (CRO) Price Explodes After Truth Social Files Crypto Blue-Chip ETF-Can it Secure $0.1 Today?

    July 8, 2025
  • Learn
    1. Education
    2. Wallets and Exchanges
    3. View All

    What Are Internet Capital Markets? Why Companies Are Launching Meme Coins

    June 16, 2025

    What is a Corporate Bitcoin Treasury? The Strategy Behind Companies Holding Crypto

    May 27, 2025

    What Are Tokenized Real-World Assets? Putting Physical Value On-Chain With RWAs

    May 19, 2025

    Users Taunt Grok After xAI Says Modifications Were Made to Spit out ‘White Genocide’ Claim

    May 16, 2025

    GMX suffers $42M hack, issues 10% bounty offer to hacker

    July 10, 2025

    Kraken expands xStocks to BNB Chain enabling global access to tokenized equities

    July 10, 2025

    More than 40 fake wallet extensions on browsers detected as malware threat

    July 3, 2025

    Mastercard joins forces with Bitget Wallet to release zero-fee crypto cards

    July 2, 2025

    Polygon surges 10% ahead of Heimdall v2 upgrade

    July 10, 2025

    Jack Ma-Backed Ant Group Teams Up With Circle to Integrate USDC: Report

    July 10, 2025

    Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

    July 10, 2025

    Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin on Its Blockchain

    July 10, 2025
  • Tools
    • Market Overview
    • Converter
Buy Crypto NewsBuy Crypto News
Home»DeFi»Mountain Protocol’s USDM natively deploys on ZKsync Era
DeFi

Mountain Protocol’s USDM natively deploys on ZKsync Era

January 21, 2025No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Mountain Protocol recently made a major announcement regarding the launch of its yield-bearing stablecoin, USDM, on the ZKsync Era platform. This development opens up new opportunities for ZKsync users to engage in decentralized finance while earning yield from tokenized Treasury bills. The two tokens, USDM and wUSDM, are now available natively on ZKsync Era.

USDM, a regulated ERC-20 token, was introduced in September 2023 as a stablecoin backed by U.S. Treasury bills. Similar to other popular fiat-backed stablecoins, USDM offers holders a 4.7% annual percentage yield, with rewards accruing daily. The stablecoin is pegged 1:1 to the U.S. dollar, providing stability and security for users.

With the availability of USDM on ZKsync Era, users can now leverage the stablecoin for various purposes such as earning daily yield, making payments and settlements, participating in liquidity pools for trading fees, engaging in DeFi lending, and using it as collateral in perpetuals trading. Additionally, the wrapped version of USDM, wUSDM, allows users to benefit from price appreciation as rewards accumulate.

Mountain Protocol has enabled users to wrap and unwrap USDM and wUSDM on its mainnet, decentralized exchanges, and liquidity aggregators, providing flexibility and accessibility for token holders. The announcement on Jan. 20 revealed that both USDM and wUSDM are now tradable on the ZKsync DEX platform, SyncSwap, with over $5 million in liquidity available.

According to Mountain Protocol, the inclusion of USDM in the ZKsync ecosystem will enhance overall yield rates, increase capital efficiency, and promote transparency and security for users. However, it is important to note that USDM is not available to U.S. citizens and residents of other restricted countries and jurisdictions.

See also  Japan ushers in stablecoin era with SBI VC Trade's landmark license and planned USDC listing

Overall, the launch of USDM on ZKsync Era marks a significant milestone for Mountain Protocol and the ZKsync platform, offering users new opportunities to participate in DeFi and earn yield while maintaining the stability of a fiat-backed stablecoin.

deploys Era Mountain natively Protocols USDM ZKsync
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Polygon surges 10% ahead of Heimdall v2 upgrade

July 10, 2025

ETH gains ground in corporate treasuries with GameSquare’s $100M pivot 

July 10, 2025

Pump.fun’s PUMP ICO stirs controversy over token allocation

July 10, 2025

Crypto.com strikes travel payments deal with Emirates airline

July 9, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Peaky Blinders Heads to Blockchain Gaming with AAA Ambitions

April 29, 2025

South Korea’s First Bitcoin Treasury Firm Emerges with $18.5M Acquisition Deal

June 22, 2025

As One State Gets Closer on a Crypto Reserve, Others Jump Into the Fray

February 8, 2025
Price Chart


Explore insights on crypto, blockchain, taxes, and security. Stay informed with expert guides, tips, and the latest trends to navigate the digital asset world confidently


We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Polygon surges 10% ahead of Heimdall v2 upgrade

July 10, 2025

Jack Ma-Backed Ant Group Teams Up With Circle to Integrate USDC: Report

July 10, 2025

Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

July 10, 2025
Get Informed

Subscribe to Updates

Get the latest creative news From BuyCryptoNews directly in your Inbox!

  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
© 2025 BuyCryptoNews - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.