Mountain Protocol USD Price (usdm/CAD)
Mountain Protocol USD
Currency
Official Site
GitHub
White Paper
Official Site
GitHub
White Paper
Mountain Protocol USD market data
Trading Volume
24h
Circulating Supply
48,000,500.64
100%
Volume / Market Cap
$0.00 / 0
Market Dominance
0%
Total Supply
48,000,500.64
BID
N/A
ASK
N/A
What Is 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.
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