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Mountain Protocol USD

Mountain Protocol USD

$1.00
-$0.00291761
-0.29%
• Today

Info

Symbol
USDM
Network
Base
Market Cap
$48M
Total Supply
48M
Circulating Supply
48M

About

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.

FAQ

The market capitalization of USDM is $48M as of Jun 15, 2025.

Market capitalization is calculated by multiplying the current price of USDM by its circulating supply. It reflects the overall value of the token in the market and helps gauge its relative size compared to other cryptocurrencies.

The total supply of USDM is 48M.

The circulating supply, which represents the number of USDM currently available in the market, is 48M as of Jun 15, 2025.

USDM can be bought and traded on a variety of cryptocurrency platforms, including Phantom!

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.