
Mountain Protocol (USDM)
Mountain Protocol issues USDM, a yield-bearing stablecoin backed by short-duration U.S. Treasuries.

What is Mountain Protocol (USDM)?
Mountain Protocol issues USDM, a permissionless yield-bearing stablecoin backed by short-duration U.S. Treasuries. Users can hold USDM onchain to access dollar stability plus Treasury-backed yield, while developers can integrate the token into DeFi, payments, and real-world asset workflows that need a composable dollar asset.
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Developer resources from Alchemy

The stablecoin orchestration problem: Why payment companies are stuck between vendors
The stablecoin orchestration market didn't consolidate as expected. Here's why payment companies face harder vendor decisions than ever, and how to decouple infrastructure from orchestration.

How to build a stablecoin in 2026
A technical guide covering everything you need to know to build your own stablecoin.

Building the world’s largest prediction market: Polymarket at $15.5B+
While Polymarket was scaling their business on Alchemy, our team completely rebuilt our infrastructure from the ground up to elevate our customers to the next level.
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

