Organization record
Record sog_issuer_mountain_protocol
Mountain Protocol
Former issuer and current wind-down overseer of the rebasing USDM stablecoin.
- Category
- Company or corporate group
- Regulatory character
- Not recorded in canonical data
- Jurisdiction
- Bermuda
Scope: Country or territory - Connected assets
- 1
- Relationships
- 0 current
1 historical - Evidence
- 4 source records
Reviewed identity
Organization summary
The primary category, regulatory character, jurisdiction, asset count, relationship count, and Evidence count are already shown above.Former issuer and current wind-down overseer of the rebasing USDM stablecoin.
- Legal form
- Not recorded in canonical data
- Functional roles
- Legal issuer
- Official website
- https://mountainprotocol.com/
- Record confidence
- High
- Last reviewed
- 2026-06-15
Connected assets
Relationships
Current, ended, and unknown relationships remain separate. Primary display is navigation only.| Stablecoin | Role | Period | State | Lifecycle |
|---|---|---|---|---|
| Mountain Protocol USDPrimary display | Legal issuer | Not yet recorded – 2025-08-22 | Ended relationship | Winding Down |
Mountain Protocol USD
PrimaryLegal issuer
Start not recorded – 2025-08-22Material history
Events
The five latest typed events are shown first. Control actions remain linked to evidence.| Date | Event | Type | Effect |
|---|---|---|---|
| 2025-08-22 | Mountain Protocol advances USDM to Phase 3 wind-down | Wind DownWind-down and termination | Entered wind-down |
| 2023-09-11 | Mountain Protocol publicly launches USDM | LaunchLaunch and introduction | Remained active |
Mountain Protocol advances USDM to Phase 3 wind-down
Wind Down
Entered wind-downMountain Protocol publicly launches USDM
Launch
Remained activeProvenance
Evidence
The first ten source records are shown initially. Source identity, publication date, reliability, and archive state remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| USDM wind-down overview Published Not yet recorded | Mountain Protocol | Official statement or announcement Canonical: Official Statement | Subject-controlled source | Primary source | Wind Down Phases, Issuance Status, Rewards Transition, Wind Down Plan | Archive index or wildcard | High |
| Mountain Protocol Phase 3 terms Published Not yet recorded | Mountain Protocol Limited | Legal terms or disclosure Canonical: Terms of Service | Subject-controlled source | Primary source | Former Issuer, Platform Redemption Termination, Wind Down Overseer, Phase3 Legal and Redemption Status | Archive index or wildcard | High |
| USDM Phase 3 ongoing proof of reserves Published Not yet recorded | Mountain Protocol | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Onchain Reserve, Stablecoin Backing, Exit Contract, Phase3 Reserve and Exit | Archive index or wildcard | High |
| Unveiling Mountain Protocol Published 2023-09-11 | Mountain Protocol | Official statement or announcement Canonical: Official Blog | Subject-controlled source | Primary source | Launch date, Public Launch, Product Identity, Mountain Protocol and Usdm Public Launch | Archive index or wildcard | High |
Official statement or announcement
HighUSDM wind-down overview
- Publisher
- Mountain Protocol
- Published
- Not yet recorded
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Wind Down Phases, Issuance Status, Rewards Transition, Wind Down Plan
- Archive
- Archive index or wildcard
- Reliability
- High
Legal terms or disclosure
HighMountain Protocol Phase 3 terms
- Publisher
- Mountain Protocol Limited
- Published
- Not yet recorded
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Former Issuer, Platform Redemption Termination, Wind Down Overseer, Phase3 Legal and Redemption Status
- Archive
- Archive index or wildcard
- Reliability
- High
Official documentation or product page
HighUSDM Phase 3 ongoing proof of reserves
- Publisher
- Mountain Protocol
- Published
- Not yet recorded
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Onchain Reserve, Stablecoin Backing, Exit Contract, Phase3 Reserve and Exit
- Archive
- Archive index or wildcard
- Reliability
- High
Official statement or announcement
HighUnveiling Mountain Protocol
- Publisher
- Mountain Protocol
- Published
- 2023-09-11
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Launch date, Public Launch, Product Identity, Mountain Protocol and Usdm Public Launch
- Archive
- Archive index or wildcard
- Reliability
- High
UncertaintyKnown unknowns2
Final Termination Date
USDM is in Phase 3 wind-down, but a final date on which all token, reserve, wrapping, or exit functionality ends is not fixed.
High · last checked 2026-06-15Keep lifecycle status winding down rather than terminated.
Phase3 Rebase and Wrapper State
The exact continuing behavior of USDM rebases and wUSDM conversion across all Phase 3 contracts requires on-chain verification.
Medium · last checked 2026-06-15Income mechanics are recorded from the product design with a wind-down caveat.
Maintenance