$USDM
Mountain Protocol icon
Mountain Protocol
USDM Icon

Mountain USD

USDM is a yield-bearing dollar token that rebases to pass through Treasury-like returns while targeting a stable $1 price. Mountain Protocol is licensed and regulated by the Bermuda Monetary Authority. It has been winded down since August 2025.
Stablecoins
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Market Cap

$4,208,045

1.58%from 30d ago

Price

$1.00

0.04%from 30d ago

Holders

9,320

0.16%from 30d ago

Monthly Transfer Volume

$67,166

+113.43%from 30d ago

Monthly Active Addresses

123

15.75%from 30d ago

Stablecoin Metrics

Market Caps shows the scale and power law distribution between all stablecoin issuers.

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Market Cap by Network

Key Facts

Name
Mountain USD
Ticker
USDM
CUSIP
ISIN
Tokenization Type
Manager
Asset Class
Underlying Assets
Public Equity - Treasury ETF+ 4 More
Eligible Investors
Inception Date
08/24/2023
Use Of Income
Distributes
Management Fees
0%
Performance Fees
0%

Market Data

Total Value
$4,193,475
NAV
$1.00
Price
$1.0035
Token Supply
4,193,474.71
Circulating Supply
4,193,474.71
7D APY
30D APY
Holders
9,320
Trailing 30D Active Addresses
123
Monthly Transfer Count
542
Monthly Transfer Volume
$67,166

Tokens

Network
Token Standard
Token Supply
Circulating Supply
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Bridged Supply
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Holders
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Trailing 30D Active Addresses
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Monthly Transfer Volume
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Monthly Transfer Count
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Contract Address
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ERC-20
1,193,679.76
1,193,679.76
1,193,679.76
178
11
$1,382
344
ERC-20
801,320.78
801,320.78
801,320.78
273
2
$236
4
ERC-20
774,697.02
774,697.02
774,697.02
1,250
55
$57,304
98
ERC-20
703,210.94
703,210.94
703,210.94
300
14
$0
0
ERC-20
595,006.54
595,006.54
595,006.54
7,288
39
$8,243
96
ERC-20
125,461.87
125,461.87
125,461.87
28
2
$0
0
97.80
97.80
97.80
3
$0
0

Primary Market

Eligible Investors
Base Assets
Subscription Time
Min. Investment
Subscription Fees
0%
Redemption Time
Minimum Redemption Amount
Redemption Fees
0%

Assessments & Ratings

Provider
Rating
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Document
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Bluechip icon
Bluechip
A-
S&P Global Ratings
3 - Adequate

Service Providers

Manager
Sub-Advisor

Custodian

Legal Identifier

Crypto Custodian
Fund Administrator
Traditional Broker
Crypto Broker
Auditor
Nephos Group
Transfer Agent
Paying Agent

Legal & Regulatory

Issuer
Mountain Protocol
Issuer LEI
Issuer CIK
Domicile
Bermuda Flag

Bermuda

License or Regulatory Framework

Bermuda Digital Assets Issuance Act

BMA - Bermuda Monetary Authority

Dispute Resolution Country
Account Segregation
Bankruptcy Remote
Deposit Insurance
Management Fees
0%
Performance Fees
0%
Other Fees
Redemption Fees
0%
Subscription Fees
0%

Holders

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