Odaily News Wintermute has reached a cooperation with stablecoin issuer Mountain Protocol to allow users to exchange USDM into USDC at any time, aiming to enhance USDM liquidity. Additionally, the collaboration provides non-U.S. users with access to U.S. Treasury yields. (The Block) According to previous news, Mountain Protocol, a state-regulated income stablecoin, announced the completion of a seed round of financing, led by Nic Carter of Castle Island Ventures, with participation from Coinbase Ventures, New Form Capital, Daedalus Angels and others. Martin Carrica, co-founder and CEO of Mountain Protocol, said the amount of this round of financing is confidential due to regulatory requirements.