Stablecoin · RWA-Backed Stable · USDM
Mountain Protocol issued USDM, a daily-rebasing T-bill-yield dollar under Bermuda Monetary Authority oversight; acquired by Anchorage in April 2025 and winding down.
Regulated yield-bearing T-bill dollar (wound down).
USDM price
$1.00
+0.7% 24h
Latest data · 15 min delay
Machine-readable protocol knowledge for agents
Regulated yield-bearing T-bill dollar (wound down).
mountain-protocol · v1.0.0
Facts
| category | Network |
| symbol | USDM |
| tagline | Regulated yield-bearing T-bill dollar (wound down). |
| arbitrumNative | no |
| chains | Ethereum, Arbitrum, Base, Optimism, Polygon |
| security | audited (OZ-derived · reported audited (no public link)) |
| memberCoins | 1 (USDM) |
| tvl | $47.13K |
| marketCap | $1.41M |
| price | $1.00 |
| priceChange24h | 0.7% |
| priceChange7d | 0.0% |
| priceChange30d | -0.0% |
| fdv | $1.41M |
| marketCapRank | #2894 |
| universalMetricsSyncedAt | 2026-08-24T06:38:08Z |
Sections
Mountain Protocol issued USDM, a daily-rebasing T-bill-yield dollar under Bermuda Monetary Authority oversight; acquired by Anchorage in April 2025 and winding down.
One of the first yield-bearing stablecoins with formal regulatory oversight and daily-rebase T-bill yield.
- Mountain Protocol core product: Mountain Protocol issued USDM, a daily-rebasing T-bill-yield dollar under Bermuda Monetary Authority oversight; acquired by Anchorage in April 2025 and winding down.
- Mountain Protocol USD (USDM): Stablecoin, Daily-rebase T-bill dollar (winding down)
- Smart Contract: On-chain logic upgrades, bugs, or parameter errors can impair user funds. - Market: Token, collateral, or peg volatility affects protocol solvency and user outcomes. - Liquidity: Thin markets make exits, liquidations, or redemptions harder during stress. - Peg: Stablecoin may de-peg under reserve, liquidity, or confidence stress.
Actions
| Name | Signature | Access |
|---|---|---|
getProfile Read the CanHav profile for Mountain Protocol. | research_getEntity({ slug: "mountain-protocol" }) | read-only |
listMembers List the member coins (stablecoins / tokens / RWAs) under this network. | research_listByCategory({ category: "networks" }) | read-only |
readLiveMetrics Read live on-chain supply / metadata for a member contract (Arbitrum). | chain_readLive({ address: "0x..." }) | read-only |
getHistory Pull historical peg / TVL series for a member protocol. | research_getHistory({ slug: "<member-slug>", metric: "peg" | "tvl" }) | read-only |
Glossary
