Mountain Protocol (USDM)

Stablecoin issuersTokenized bonds RWAs
Mountain Protocol (USDM)
Mountain Protocol issues USDM, a yield-bearing stablecoin backed by short-duration U.S. Treasuries.
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What is Mountain Protocol (USDM)?
Mountain Protocol issues USDM, a permissionless yield-bearing stablecoin backed by short-duration U.S. Treasuries. Users can hold USDM onchain to access dollar stability plus Treasury-backed yield, while developers can integrate the token into DeFi, payments, and real-world asset workflows that need a composable dollar asset.
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Sky is the upgraded MakerDAO ecosystem, powering the USDS stablecoin and DAO-governed lending against on-chain collateral.
Mountain Protocol (USDM) alternatives
Explore web3 competitors and apps like Mountain Protocol (USDM).
Stablecoin issuers
Mountain Protocol issues USDM, a yield-bearing stablecoin backed by short-duration U.S. Treasuries.
Alchemy CustomerTokenized bonds RWAs
Ondo Finance issues OUSG and USDY, yield-bearing tokens backed by U.S. Treasuries, plus tokenized stocks and ETFs through Ondo Global Markets.
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