Martin Carrica (@mcarrica) / X

Martin Carrica

1,141 posts

Martin Carrica

@mcarrica

VP of Stablecoin @Anchorage Prev Co-Founder @ MountainUSDM, acq by Anchorage Digital. Views are my own.

Joined June 2009

Martin Carrica
@mcarrica
May 12, 2025
Today we announce the sale of @MountainUSDM to @Anchorage, the first (and still only), OCC-regualted crypto bank. At Mountain we built institutional grade infrastructure for stablecoins and launched USDM, the first regulated yield-bearing stablecoin, operating at the highest
Mountain Protocol
@MountainUSDM
May 12, 2025
Mountain Protocol is proud to join Anchorage Digital, home to the only federally chartered digital asset bank in the U.S. Together, we’re building the next chapter for stablecoins.
42K
Martin Carrica
@mcarrica
Feb 4, 2025
Just finished going over the proposed Hagerty stablecoin bill. Let me say this is really well drafted to ensure we actually get stablecoins in the US, as it internalized checks and balances, learning from the hostile regulatory environment faced during recent years. The good: -
23K
Martin Carrica
@mcarrica
Jun 14, 2024
Tides are turning...
11K
Martin Carrica
@mcarrica
Jun 6, 2024
Today we are announcing our Series A and our roadmap to build the most useful stablecoin. Mountain Protocol's biggest asset is our strict regulatory compliance combined with our nimbleness and speed. Excited to continue building so that in a couple years we look back and
Mountain Protocol
@MountainUSDM
Jun 6, 2024
1/ Today we are thrilled to announce our $8M Series A, led by @multicoin, with participation from @CastleIslandVC, @cbventures, @BanklessVC, @deptofxyz, @borderless_cap, @Aptos and others
19K
Martin Carrica
@mcarrica
May 12, 2023
Tether's 1.48B profit equates to a 7.9%APY This is 67% higher than the risk-free rate. The 7.92% APY alone should already ring some bells! Most likely the extra return is associated to risk. Risk that is taken by the depositor.
161K
Martin Carrica
@mcarrica
Jul 24, 2025
With GENIUS passing last week, we are excited to publicly announce Anchorage Digital's entry into the stablecoin business. Also excited to announce our first partner, Ethena, to onshore USDtb, currently standing at $1.5B, and help it comply with the recently passed GENIUS Act.
Ethena
@ethena
Jul 24, 2025
Ethena is set to become the first stablecoin developer whose product has a clear path to full compliance with the U.S. GENIUS Act Through our partnership with @Anchorage, the only federally chartered crypto bank, USDtb will move onshore to become a U.S. federally regulated
00:00
Anchorage Digital Launching Stablecoin Issuance Platform
From bloomberg.com
14K
Martin Carrica
@mcarrica
Mar 10, 2023
Replying to @JasonYanowitz and @garrytan
SVB will prob pay back ~90 cents on the dollar in about 60 days. Startups can get a bridge from Brex to pay salaries till then. Hard? YES Extinction level event? NO
24K
Martin Carrica
@mcarrica
Jul 26, 2024
This is a big achievement for a prudentially regulated financial entity and is a big signal for our users. Receiving a Class F license requires a high level of governance, risk management and process maturity that took long to build. Thank you to all that helped us get there,
Mountain Protocol
@MountainUSDM
Jul 26, 2024
We are proud to announce that our license has been upgraded to a Full license by the Bermuda Monetary Authority (Class F) - the highest obtainable license for Digital Asset Businesses in Bermuda. This is a license that only a handful of companies have accomplished, including the
14K
Martin Carrica
@mcarrica
May 12, 2025
Everyone needs a stablecoin strategy. Now we have a bank ready to serve you.
Nathan McCauley ⚓
@nathanmccauley
May 12, 2025
Stablecoins are the next frontier. With Mountain Protocol now part of Anchorage Digital, we’re ready to help institutions build—and launch—what comes next.
6.4K
Martin Carrica
@mcarrica
Dec 10, 2024
Replying to @ItzSuds and @cartainc
All SaaS goes with a specific credit card with 1y expiry through Mercury. Every year you reassess all SaaS when adding new cards. Enjoy the savings
5.3K
ADGM stablecoin consultation paper saying the quiet part out loud. Stablecoins cannot scale if they don't become an effective store of value, and sharing income from reserves in the form of rewards is a great way to do so. This marks the second leading crypto jurisdiction to
30K
USDM is now truly permissionless. If you are still paying the 5% stablecoin tax to USDC/USDT, you now swap for USDM, and keep it yourself. No additional trust assumptions. Not financial advice.
Mountain Protocol
@MountainUSDM
Oct 11, 2023
Our first USDM pool is live! You can now access the first regulated and permissionless yield-bearing stablecoin on @CurveFinance
14K
Martin Carrica
@mcarrica
Oct 17, 2024
USDM is now interoperable on all natively issued chains via CCIP. The most liquid on chain RWA now unified liquidity.
Chainlink
@chainlink
Oct 17, 2024
.@MountainUSDM has integrated #Chainlink CCIP across @arbitrum, @base, @ethereum, @Optimism, & @0xPolygon to enable cross-chain transfers for its USDM stablecoin. How Chainlink provides tokenized assets enhanced programmability ↓ medium.com/@MountainUSDM/… #RoadToSmartCon
3.9K
Proud to support @ethena in improving their capital efficiency, alongside our peers @BlackRock @SkyEcosystem @superstatefunds Ethena has historically sat on ~20-30% of the collateral in the form of non-yield-bearing stablecoins. By leveraging yield-bearing assets, the
Ethena
@ethena
Oct 10, 2024
We are pleased to announce the winners of the Reserve Fund RWA Allocation After 25 submissions, the Risk Committee decided on 4 assets that stood out across a wide range of criteria: • BUIDL (Blackrock/Securitize) • USDS (Sky) • USTB (Superstate) • USDM (Mountain)
5.3K