USDM to INR Converter
How much Indian Rupee ( INR) is 1 Mountain Protocol USD ( USDM)?
![change](https://assets.coingecko.com/coins/images/31719/small/usdm.png?1696530540)
Mountain Protocol USD
USDM
Indian Rupee
INR
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How does it work?
The Morpher currency calculator allows you to convert a currency from Mountain Protocol USD (USDM)
to Indian Rupee (INR) in just a few clicks at live exchange rates.
Simply enter the amount of Mountain Protocol USD you wish to convert to INR and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 USDM, 5 USDM, 10 USDM, 50 USDM etc.
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Quick facts about Mountain Protocol USD
The USDM token is a rebasing ERC20 token, redeemable at a pegged 1:1 USD value by primary users. USDM is a fully backed stablecoin, backed by "USDM Reserves", which are held under custody with regulated financial institutions in bankruptcy-remote accounts, segregated from the Company's operating accounts, on behalf of, and for the benefit of, Users.
USDM rebases daily, allowing users to receive rewards. These rewards are generated by the interest paid by the US Treasuries held in the USDM Reserves.
USDM Price Chart
![No TradingView Chart](/converter/no_tv_chart.png)
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USDM to INR price stats
24hr
0.51%
7d
0.42%
30d
0.62%
Over the past 30 days, Mountain Protocol USD has gained 0.62% to INR. The trend and price charts for the past
week shows that USDM has gained 0.42% to INR and over the past 24 hours, USDM has gained 0.51% to
INR.