RootData 2025 Top 50 VCs & Top 100 Projects Unveiled! [View Details]
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Comparison:

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Project Name
Mountain Protocol
Intro
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Details

Mountain Protocol allows Primary users (users with an approved Mountain Protocol account) to purchase and redeem USDM at a pegged value of $1. It allows users to gather digital asset wallet addresses and wire details to fund their accounts. All funds in the platform are auto-converted to USDM once settled. The USDM balance can be withdrawn via direct transfer to an allowed EOA in USDM or USDC or to a bank in USD.

Tags: DeFi Stablecoin Protocol
Ecosystem(1):
Founded: 2023

Event Calendar

2023-09-11
Mountain Protocol completed a Seed round
2024-06-06
Mountain Protocol raised $ 8 M in Series A round
2025-05-13
Mountain Protocol was acquired by Anchorage
2025-05-13
Mountain Protocol will commence the orderly wind down of USDM

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