Mountain Protocol

Stablecoin Protocol

S&P Global Ratings deems Mountain Protocol's USDM as 'adequate' in new Stablecoin Stability Assessment report

The Block 2024-03-19

Mountain Protocol's USDM Quietly Becomes Largest Treasury-Backed Stablecoin

The Defiant2024-02-09

مشاريع مشابهة

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حول Mountain Protocol

التأسيس

2023

المجتمع

العلامات

DeFi

Stablecoin Protocol

Mountain Protocol allows Primary users (users with an approved Mountain Protocol account) to purchase and redeem USDM at a pegged value of $1. It allows users to gather digital asset wallet addresses and wire details to fund their accounts. All funds in the platform are auto-converted to USDM once settled. The USDM balance can be withdrawn via direct transfer to an allowed EOA in USDM or USDC or to a bank in USD.