Mountain Protocol USD Mountain Protocol USD

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.

Symbol usdm
Current Price $1.00100000
Market Cap $48,058,692
Market Cap Rank 664
24h Change 0.21%
Circulating Supply 48,000,501
Total Supply 48,000,501
All-Time High $1.16000000
All-Time Low $0.54248100
Twitter Followers 6,082
Last Updated 2024-09-21T19:44:53.503Z

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