Stablecoin aggregation protocol mStable announced that it has received investment from quantitative trading company Alameda Research

The stablecoin aggregation protocol mStable announced that it has received investment from the quantitative trading company and market maker Alameda Research, and has reached a strategic cooperation with the crypto derivatives exchange FTX. According to previous reports from Chain News, mStable announced that it will auction the protocol token MTA on Mesa DEX on July 18. After the auction ends or the MTA market price is determined, the mStable team will immediately create an mUSD/MTA liquidity pool on Balancer.