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Injective Labs has integrated Mountain Protocol, bringing the first native yield-bearing stablecoin, USDM, to the Injective ecosystem. USDM offers a 5% yield through rebasing, allowing users to earn daily interest automatically. With the introduction of wrapped wUSDM, users can trade derivatives on decentralized exchanges with enhanced capital efficiency. This collaboration between Mountain Protocol and Injective bridges traditional finance and DeFi, offering a seamless transition for users. The trend towards yield-bearing stablecoins is growing, highlighting the demand for innovative financial instruments in the crypto space. USDM provides market stability and passive income opportunities, revolutionizing crypto portfolios. Stay updated on the latest developments in cryptocurrency by subscribing to our channel and engaging in the comments. Join us in exploring the future of finance with yield-bearing stablecoins like USDM.
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