
USDM
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USDM
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Stablecoin
About USDMUSDM is a yield-bearing stablecoin issued by Mountain Protocol, backed by US Treasuries and paying yield via a rebasing mechanism. Following Mountain Protocol's 2025 acquisition by Anchorage Digital, the company announced it is phasing out USDM in an orderly wind-down — verify current redemption terms and timeline directly before treating it as an ongoing product.
Assets Details 
Access Model
PermissionlessRedeemable
YesAttestations
YesCEX Listed
-KYC to mint or redeem
YesTransferable
YesSelf Custody
Yes