Mountain Protocol Integrates LI.FI to Enable Seamless Cross-Chain Swaps

We’re excited to announce that Mountain Protocol, the issuer of a next-generation stablecoin, has integrated LI.FI!

Mountain Protocol is offering users daily rewards through its USDM stablecoin, backed by US Treasury Bills.

USDM is a regulated, permissionless stablecoin that provides token holders daily rewards (currently at a 5% APY). USDM tokens are backed by U.S. Treasury bills (T-Bills) held in custody with regulated financial institutions in bankruptcy-remote accounts, ensuring transparency and security.

With the integration, Mountain Protocol users can swap any token from 5+ leading chains and L2s directly into USDM and wUSDM to earn U.S. Treasury yields on-chain!

For example, users can go from ETH on Arbitrum to USDM on Base or any other combination of tokens/chains.

In the background LI.FI does the heavy lifting by searching through its 18 integrated bridges (Across, Stargate V2, THORChain, Symbiosis, Circle CCTP, Allbridge, and more) to find the best available route to move funds between Arbitrum and Base. In the example above, we’re being routed through Stargate V2. 

Additionally, LI.FI has integrated 32 DEXs, DEX aggregators, and Solvers (Uniswap, 1inch, 0x, Odos, Enso, + others) to ensure users get the best swap rates on their assets.

We’re thrilled to partner with Mountain Protocol and make it easy for everyone to start earning U.S. Treasury yields on-chain. Try out cross-chain swaps on Mountain Protocol here.

What Is Mountain Protocol?

Mountain Protocol is the issuer of USDM, the next generation stablecoin. USDM is the first regulated, permissionless, and yield-bearing stablecoin, fully backed by US Treasuries. USDM follows a proven security model used by all the well-known stablecoins, sharing real yield with holders, currently at a 5% APY. Mountain Protocol is a prudentially-regulated financial entity, compliant with the regulations of the Bermuda Monetary Authority (Class F License #202302512).

Mountain Protocol believes in a world where access to the "risk-free rate" is available for everyone in an enterprise-grade and regulated product that is safe for developers to evolve the world finance stack.

To learn more about Mountain Protocol check out their:

• Website

• X

• Blog

• Docs

What Is LI.FI?

LI.FI is a middleware solution connecting 29 EVM chains and Solana via 18 bridges, 22 DEXs, 8 DEX aggregators, 2 Solver networks (and growing).

LI.FI’s product portfolio features sophisticated white-label B2B solutions that not only allow same-/cross-chain swapping capabilities but also grant arbitrary contract calls for the implementation of advanced cross-chain strategies such as yield aggregation, LP-zapping, NFT purchasing, and many more. We believe Web3 needs to be made available not only for the next billion users but also for the next million developers to build on it.

Our SDK is the ultimate cross-chain money lego for dApps to build on top of or plug into themselves.

• We've integrated multiple fallback bridges + DEXs so that you don't have to

• We maintain bridges + DEXs so that you don't have to

• We choose the best bridges based on our research so that you don't have to (positioning ourselves neutral)

For some examples of how LI.FI works. Check out:

• MetaMask Bridges - API Integration

• Superfluid - Widget Integration

• Alchemix - SDK Integration

Get Started With LI.FI Today

Enjoyed reading our research? To learn more about us:

• Head to our link portal at link3.to
• Read our SDK ‘quick start’ at docs.li.fi
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Disclaimer: This article is only meant for informational purposes. The projects mentioned in the article are our partners, but we encourage you to do your due diligence before using or buying tokens of any protocol mentioned. This is not financial advice.