- Coins 17 046
- Exchanges 1 272
- Market Capitalization $3 449 246 364 600
- 24h Trading Volume $122 993 764 946
- Dominance BTC 59.73% ETH 9.10%
Mountain Protocol USD (usdm) Live Chart
| Crypto Rank | Name | Current Price | 24h Price Change | Total Supply | Circulating Supply | |
|---|---|---|---|---|---|---|
| 702 |
USDM
Mountain Protocol USD
USDM
| $ 1.00 | -0.03% | 48 000 501 | 48 000 501 | X-Ray |
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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