Mountain Protocol company
Overview
Mountain Protocol is a regulated stablecoin issuer based in Bermuda, licensed by the Bermuda Monetary Authority. It issues USDM, a yield-bearing stablecoin backed by short-term US Treasury bills. USDM is an ERC-20 token on Ethereum that accrues yield daily through a rebasing mechanism.
Within the DeFi Intel graph, Mountain Protocol connects to 3 tracked entities, most strongly to Mountain Protocol USDM, Bermuda, Martin Carrica.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 3 of 3 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued_by | Mountain Protocol USDM | 95% |
headquartered_in | Bermuda | 85% |
issued_by | Martin Carrica | 80% |
Frequently asked questions
What is Mountain Protocol?
Mountain Protocol is a regulated stablecoin issuer based in Bermuda, licensed by the Bermuda Monetary Authority.
What stablecoin does Mountain Protocol issue and what backs it?
Mountain Protocol issues USDM, a yield-bearing stablecoin backed by short-term US Treasury bills.
What blockchain is USDM on and how does it accrue yield?
USDM is an ERC-20 token on Ethereum that accrues yield daily through a rebasing mechanism.