Injective integrates Mountain Protocol to support the tokenization of US Treasury bonds

PANews, July 24th news, Layer 1 blockchain network Injective announced in the official blog that Mountain Protocol will be launched on Injective today, introducing the first native income Stable Coin (USDM) into the Injective ecosystem. Users can now use USDM to develop various dApps based on Injective, while still earning income from US Treasury bills. Potential use cases include using USDM as Margin when trading Derivatives, using the asset for lending protocols, or deploying assets to various coin markets on Injective.