Mountain Protocol USD (USDM) is a digital asset automatically converted upon deposit, accruing rewards. More
| Fully Diluted Valuation | $47.95M |
|---|---|
| 24H Trading Volume | $20 |
| 24H Low / High | $1.00 / $ 1.00 |
| Circulating Supply | 48.00M |
| Total Supply | 48.00M |
| Max Supply | ∞ |
| Categories | Stablecoins 7 more |
|---|---|
| Founder | Mehen |
| Website | docs.mountainprotocol.com Whitepaper 1 more |
| Socials | 1 more |
| Chains | Ethereum Ecosystem 7 more |
| Explorer | Zksync 9 more |
| Contracts |
0x59d....5508c
7 more
|
| Name | Pair | OG Score |
|---|
Mountain Protocol USD (USDM) is a digital asset designed to make managing and using funds easier. Here's a clear look at what USDM offers:
What is USDM?
USDM is a digital asset that users receive when they deposit funds into the Mountain Protocol platform. Any deposited funds—whether digital or fiat—are automatically converted to USDM.
Funding and Conversion
Users can easily provide their digital asset wallet addresses and bank details to fund their accounts. Once deposited, all funds are converted to USDM, simplifying account management.
Flexible Withdrawals
USDM offers various withdrawal options:
Direct Transfer: Withdraw USDM or USDC to an external wallet.
Bank Transfer: Convert USDM to USD and withdraw directly to a bank account.
This flexibility ensures users can access their funds in the way that suits them best.
Custody and Rewards
Users can choose to keep their USDM on the Mountain Protocol platform. Balances held within the platform earn rewards, similar to external addresses, making it beneficial to store assets there.
Conclusion
Mountain Protocol USD (USDM) simplifies fund management with automatic conversions, flexible withdrawals, and rewarding custody options. It's a practical tool for anyone looking to streamline their digital finance experience.
Mountain Protocol USD (USDM) stands out for its seamless automatic conversion of deposited funds into USDM, offering flexible withdrawal options to external wallets or banks.
The founders of Mountain Protocol have not been disclosed publicly.
You can buy Mountain Protocol USD (USDM) on Curve (Ethereum), Uniswap V3 (Celo)Curve (Arbitrum) cryptocurrency exchanges.
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