Mountain Protocol lets users fund accounts with digital assets, converting them to USDM, which can be withdrawn or held to earn rewards within the platform.
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The Mountain Protocol platform facilitates funding accounts by collecting digital asset wallet addresses and wire transfer information. Upon settlement, all funds are automatically converted to USDM. Users can withdraw their USDM balance via direct transfer to a permitted externally owned account (EOA) in USDM or USDC, or to a bank in USD. Users can also opt to store their USDM within the Mountain Protocol platform, earning rewards similar to holding it in external wallets.
As of now, Mountain Protocol USD is trading at 1.003989 USD, with a 24-hour trading volume of approximately 0 USD. The USDM to USD price is updated in real time. Over the past 24 hours, Mountain Protocol USD has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 48.19M USD. Currently, there are 48 000 501 USDM in circulation out of a maximum supply of 48 000 501 USDM.
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