Name: Mountain Protocol USD
SKU: USDM
Price: 1.000650125205 USD

The Mountain Protocol platform 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 The USDM balance can be withdrawn via direct transfer to an allowed EOA in USDM or USDC or to a bank in USD.Users can choose to custody their USDM directly within the Mountain Protocol platform, where USDM balances will accrue rewards in the same way as if they were held in external addresses.

Launched in 2023 with the vision that stablecoin holders are the natural owners of the “risk free rate” through a secure, regulated, enterprise-grade product that just works.

Mountain Protocol USD

Mountain Protocol allows Primary users (users with an approved Mountain Protocol account) to purchase and redeem USDM at a pegged value of $1. 

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Exchange	Pair	Last Price	Change (24H)	High (24h)	Low (24h)	Spread	Volume (24h)

Uniswap V3 (Ethereum)	USDM/USDT	USDT 1.00 $ 1.00	N/A	USDT $ 0.00	USDT $ 0.00	N/A	$ 20.00K USDM 19.99K
MEXC	USDM/USDT	USDT 0.995 $ 0.995	-0.45% -USDT 0.0045	USDT $ 1.00	USDT $ 0.995	3.932%	$ 128.89 USDM 129.51
DigiFinex	USDM/USDT	USDT 0.980 $ 0.980	N/A	USDT $ 0.980	USDT $ 0.980	3.922%	N/A

Mountain Protocol USD USDM

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