Mountain Protocol USD (USDM)

About Mountain Protocol USD

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.

How to buy USDM

Connect your wallet to Rubicon and swap ETH for USDM on Ethereum. Rubicon aggregates liquidity from on-chain order books and automated market makers to find the best price for your USDM trade.

Token Details

Name

Mountain Protocol USD

Symbol

USDM

Network

Ethereum

Decimals

18

Contract

0x59d9356e565ab3a36dd77763fc0d87feaf85508c