{"_id":"token-105","name":"Mountain Protocol USDM","ticker":"USDM","pillar":"Fixed Income","type":"Yield Stablecoin","category":"Yield Stablecoins","description":"Regulated (Bermuda Monetary Authority) yield-bearing stablecoin: rebases daily, backed by short-term US Treasuries. The 'compliance-first' counterpart to DeFi-native yield stablecoins.","apy":"~5% (rebasing)","risk":"Low","minInvestment":"None","issuer":"Mountain Protocol","yieldSource":"Short-term US Treasuries","maturity":null,"term":null,"liquidity":"ERC-20, transferable; DEX liquidity","aum":"~$185M","network":"Ethereum (+L2s)","country":"Bermuda (non-US persons)","custody":"Self-custody","euAccess":"Not marketed in EU — MiCA restricts interest-bearing stablecoins; verify","howToBuy":"Mint at mountainprotocol.com (KYC) or buy on a DEX","rating":null,"kyc":"Required to mint","networkFee":null,"networkFeeUsd":null,"investUrl":"https://mountainprotocol.com/usdm/","source":"https://mountainprotocol.com/usdm/","lastVerified":null,"featured":false,"euAvailable":false,"_links":{"page":"https://tokenbank.world/token/USDM","all":"https://tokenbank.world/api/tokens"},"_disclaimer":"Sourced figures; yields are variable and not guaranteed. Not investment advice. Verify the source before relying on any figure."}