Mountain Protocol USD
USDM The token is a rebasing token ERC20 The token, primarily allowing users to redeem value pegged to 1：1USD.USDM is a fully reserved stablecoin backed by “USDM reserves”; these reserves are held by regulated financial institutions in bankruptcy-remote accounts, separate from the company’s operating accounts, and held on behalf of and for the benefit of users.USDM rebases daily, enabling users to earn rewards. These rewards are generated by interest paid on USDM the reserves’US Treasury securities.
Overview
USDM The token is a rebasing token ERC20 The token, primarily allowing users to redeem value pegged to 1：1USD.USDM is a fully reserved stablecoin backed by “USDM reserves”; these reserves are held by regulated financial institutions in bankruptcy-remote accounts, separate from the company’s operating accounts, and held on behalf of and for the benefit of users.USDM rebases daily, enabling users to earn rewards. These rewards are generated by interest paid on USDM the reserves’US Treasury securities.
- Sector
- # Stablecoins
Team
Team information has not been disclosed.
Funding history
0 disclosed roundsNo disclosed funding records.
Related news
Market updates
No related market updates.
People updates
No related people updates.