Mountain Protocol USD USDM
Rank #2977$0.9988
-0.10%
CoinGecko · just now
24h
-0.10%
7d
-0.44%
30d
-0.03%
1y
+0.08%
Mountain Protocol USD Statistics
- Market Cap
- $962,212
- 24h Volume
- $1,031
- 24h High
- $1.00
- 24h Low
- $0.9985
- Circulating Supply
- 963,330.492 USDM
- Max Supply
- Unlimited
- All-Time High
- $1.16
- All-Time Low
- $0.5425
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.
Frequently Asked Questions about Mountain Protocol USD
What is Mountain Protocol USD (USDM)?
Mountain Protocol USD (USDM) is a cryptocurrency that can be traded on various exchanges. It has a current market capitalization of $962,212, making it one of the notable digital assets in the crypto market.
What is the current price of Mountain Protocol USD?
The current price of Mountain Protocol USD (USDM) is $0.9988. Prices update in real-time based on market activity across major cryptocurrency exchanges.
Where can I buy Mountain Protocol USD?
You can buy Mountain Protocol USD (USDM) on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken. Always use a reputable exchange and enable two-factor authentication to secure your account.
Is Mountain Protocol USD a good investment?
Whether Mountain Protocol USD is a good investment depends on your financial goals, risk tolerance, and research. Cryptocurrency markets are highly volatile. Always do your own research and consider consulting a financial advisor before investing.
