allChained
USDM2Stablecoin

Mountain Protocol USDM

Mountain Protocol· Hamilton, Bermuda
Circulating supply
$1.1M
1D change
0.0%
Yield
None
NAV
1.0000
Expense ratio
0.10%
Minimum
$1.0K
Redemption
Daily
Launched
01 Jan 2023
Field coverage 96%Primary-source or on-chain verified 0% of tracked metrics0/1 source documents analyst-verifiedLast reconciled 08 Oct 2026
Overview

What this product is

Tokenized representation of Mountain Protocol USDM.

Underlying asset
Underlying Asset Pool
Asset class
Stablecoin
Product structure
Payment Stablecoin
Legal structure
US Reg D / 3(c)(7) Fund
Issuer jurisdiction
United States
Fund domicile
US
Base currency
USD
Launched
01 Jan 2023
Peer set

Comparable products

Products in the same asset class and currency. Yields are quoted on different bases, so check each one before comparing.

USDT0.00%0.00%$0$95.90B
USDC0.00%0.00%$0$65.32B
USDe10.50%0.00%$0$5.26B
DAI0.00%0.00%$0$5.04B
PYUSD0.00%0.00%$0$2.86B
aUSDC4.50%0.00%$0$1.50B
RLUSD0.00%0.00%$0$1.29B
Issuer

Who runs it

Mountain ProtocolHamilton, Bermuda

Issuer of a yield-bearing dollar token structured as a security rather than a payment stablecoin, precisely because paying reserve yield to holders is what the payment regimes prohibit.

Portfolio

Composition

  • USD Cash Equivalents100.0%
Weighted average maturity
30 days