Exchange USDM for other assets quickly and seamlessly on compatible decentralized exchanges or liquidity protocols. Transactions are efficient and convenient without significant delays or price slippage.
Secure and transparent
Built with a focus on security and trust. USDM is regulated, adhering to specific regulations and compliance requirements. USDM Reserves are held under custody by several well-regarded global financial institutions and audited by OpenZeppelin — a renowned security auditing firm — to ensure that USDM’s code has been thoroughly reviewed and vetted for potential vulnerabilities.
Composable with DeFi products
USDM is designed to be compatible with other ERC-20 tokens and decentralized finance (DeFi) products. It can seamlessly interact with various decentralized applications, smart contracts, and protocols within the Ethereum ecosystem. Leverage the token’s functionalities across different DeFi platforms and unlock a range of opportunities for financial interactions and services.
USDM token is available for transactions and use 24 hours a day, 7 days a week. The decentralized nature of the Ethereum blockchain ensures uninterrupted accessibility and functionality, allowing users to transact with USDM at any time that suits them.
Backed by T-Bills
USDM is backed by T-Bills — short-term government securities issued by the United States Treasury held as part of the "USDM Reserves". TBills are generally regarded as the safest USD asset and are widely used by institutions to manage their own treasuries.
By holding USDM tokens, users can generate interest on their holdings on a daily basis.
Primary market liquidity is limited to the USDC facility secured by Mountain Protocol. Note that very large movements of the market may deplete this buffer and liquidity SLA will fallback to T+2 business days. NOTE: T+2 business days is the standard TradFi settlement timeline. Mountain Protocol is not responsible for delays associated with delayed settlement of financial partners. Secondary market liquidity is limited to liquidity in secondary markets.
Build with USDM
We’d love to get to know you, answer your questions, and help you realize the power of digital dollars for your business.