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
On-chain logic upgrades, bugs, or parameter errors can impair user funds.
Token, collateral, or peg volatility affects protocol solvency and user outcomes.
Thin markets make exits, liquidations, or redemptions harder during stress.
Stablecoin may de-peg under reserve, liquidity, or confidence stress.
