Mountain Protocol USD (USDM) is currently priced at $1.00 USD. The price has increased 0.00% in the last 24 hours. It has a market capitalization of $966,190.599. Fully diluted valuation: $1,405,466.156. Circulating supply is 963,330.492 USDM. Total supply is 1,401,305.712 USDM.
$1.00
Stats
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1 Year
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3 Months
1 Year
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Market Cap
$966.2K
Fully Diluted
$1.4M
Market Cap
Fully Diluted
$966.2K
$1.4M
About 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.
