Mountain Protocol USD (USDM)

Mountain Protocol USD (USDM) Price

This cryptocurrency is not listed for trading or services on Gate.

$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.

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Risk Disclosure

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Disclaimer

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