Mountain Protocol USD (USDM) is a rebasing ERC20 token designed to maintain a stable value, pegged at 1:1 with the US dollar. This fully backed stablecoin is secured by "USDM Reserves," which are managed by regulated financial institutions in separate, bankruptcy-remote accounts. This structure ensures that the reserves are distinct from the company's operating funds, prioritizing the security and benefit of the users. One of the key features of USDM is its daily rebasing mechanism, which allows users to receive rewards. These rewards stem from the interest generated by US Treasuries held within the USDM Reserves. This unique feature not only provides stability but also incentivizes users to hold the token. USDM aims to offer a reliable and secure digital asset that caters to the needs of investors and users alike. By combining the benefits of a stablecoin with a structured rewards system, it enhances the overall experience for those participating in the ecosystem. Ultimately, Mountain Protocol USD serves as a trustworthy option for those seeking a stable digital currency, providing both security and the potential for growth through its innovative rebasing rewards.