Injective Unveils High-Yield USDM Stablecoin Integration for Derivatives Trading

TL;DR Mountain Protocol launches USDM on Injective, the ecosystem’s first native yield-bearing stablecoin. USDM, backed by Treasury bonds, offers users an annualized yield of 5%. The integration enables USDM to be used as margin for derivatives trading on the protocol, opening up new applications for asset tokenization. The integration of Mountain Protocol into Injective marks ... source: https://crypto-economy.com/injective-unveils-high-yield-usdm-stablecoin-integration-for-derivatives-trading/