$1.003000
+$0.004393(+0.44%)
Market Cap
$966.22K
24h High
$1.003000
24h Low
$0.997395
24h Turnover
$177.86
Total Supply
1.40M
Market Sentiment
Neutral
About 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.
Fiat Exchange
Mountain Protocol USD (USDM) Basics & Market Insights
Fundamentals
MegaETH’s new revenue narrative: Collaborating with Ethena to launch the native stablecoin USDmIntermediate

A New Paradigm for Ethereum Layer2: MegaETH Introduces Yield-Bearing Stablecoin to Lower User ExpensesBeginner

Surging Yields: A Review of U.S. Treasury "Tokenized" Fixed-Income Products, Operational Models, and ConcernsIntermediate

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