Mountain Protocol is a regulated, yield-bearing stablecoin issuer that signed a definitive agreement to be acquired by Anchorage Digital in May 2025, leading to an orderly wind-down of its Mountain USD (USDM) product. Mountain Protocol's Twitter Score is 68 out of 1000 (a Good rating) as of August 2026, ranking #12,287 (top 5%) among 483,944 tracked accounts.
Mountain Protocol was co-founded by Martín Carrica as Founder and CEO and Matías Caricato as Founder and CTO. Launched in 2023, the project issued USDM under regulation by the Bermuda Monetary Authority, with reserves fully collateralized by short-term US Treasuries held in segregated, bankruptcy-remote accounts, giving holders direct access to the risk-free rate. Mountain Protocol integrated OpenZeppelin for smart contract audits, Fireblocks for digital asset custody, Coinbase Prime as an onramp, and Chainalysis for compliance analytics. The protocol also used Chainlink CCIP to enable cross-chain USDM transfers.
Mountain Protocol reached a notable milestone when Ethena Labs selected USDM as a component of its Reserve Fund in October 2024. The project had previously been backed by Multicoin Capital, Castle Island Ventures, Coinbase Ventures, Bankless Ventures, and New Form. Mountain Protocol has 7,993 followers as of August 2026 and has published 368 posts. It has been mentioned by 194 accounts, with 377 total mentions.
Who follows Mountain Protocol on X?
The accounts that follow Mountain Protocol include 282 founders, 80 angel investors, 112 influencers and 8 VCs. Among them are Laura Shin, Nic Carter, Vance Spencer, Mario Nawfal, DeFi Dad defidad.eth and 0xMaki.