Mountain Protocol USD

USDMUSD pegStablecoin

RWA-backed stableRWA collateral

Regulated daily-rebase T-bill dollar; winding down post Anchorage acquisition (collapsed from a ~$150M peak).

Latest peg

$0.9974

Deviation

26 bps

Market cap

$960.8K

Peg health

Tight peg

Tight peg

31-day series · source: CoinGecko

Alchemy · live

Live circulating supply47.1KUSDM

Decimals18

Arbitrum contract0x59d9…508c

Last refreshed1s ago

Supply trend · ~30d

Recent transfers

When	From	To	Amount
3d ago	0xb751…2968	0x7e39…d1ed	102
4d ago	0xfeea…b02a	0x4bd1…58b4	0.5394
4d ago	0xfeea…b02a	0xcd6b…9799	0.0014
4d ago	0x6ff1…61df	0xfeea…b02a	0.5408
10d ago	0x4bd1…58b4	0xd4f9…a88e	1
10d ago	0x4bd1…58b4	0x3f55…0065	0.8047
10d ago	0x48da…237f	0x4bd1…58b4	0.1505
10d ago	0xe9e9…7f3b	0x01d3…79fa	0.0033

Peg targetUSD

Sub-categoryStablecoin

Chains—

Arbitrum nativeNo

LiveNo

Founded—

LifecycleCurated
Mountain Protocol was acquired by Anchorage Digital in April 2025; USDM is winding down, with supply collapsed from a ~$150M peak.
Mountain Protocol

CoinGecko · live

Price$0.997414

Market cap$960.8K

Rank#2919

24h volume$2

Circulating963.3K

Total supply1.4M

24h change+0.0%

7d change-0.4%

30d change+0.7%

ATH / ATL$1.16 / $0.5425