About Mountain Protocol USD USDM

The USDM token is a rebasing ERC20 token, redeemable at a pegged 1:1 USD value by primary users. USDM is a fully backed stablecoin, backed by "USDM Reserves", which are held under custody with regulated financial institutions in bankruptcy-remote accounts, segregated from the Company's operating accounts, on behalf of, and for the benefit of, Users. USDM rebases daily, allowing users to receive rewards. These rewards are generated by the interest paid by the US Treasuries held in the USDM Reserves.

Mountain Protocol USD (USDM) Price Data

Mountain Protocol USD (USDM) price has increased today.

Mountain Protocol USD price today is $0 with a 24-hours trading volume up by 0.00%. USDM price is up in the last 24 hours. It has a circulating supply is 48M USDM coins and a total supply of 48M.