Comparison:
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 The USDM balance can be withdrawn via direct transfer to an allowed EOA in USDM or USDC or to a bank in USD.
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Significant Events
Jun, 2024
Mountain Protocol raised $ 8 M in Series A round
Sep, 2023
Mountain Protocol completed a Seed round