USDM Reserves - Attestations

Mountain Protocol engages with UK accountants working at Nephos Group. Reports are signed by ATA registered accountants, license: here.

As part of our commitment to enhanced transparency, two different attestations are issued for each month:

  • Attestation report: attests to USDM Reserves balance, USDM issuance and USDM being fully collateralized at a point in time.

  • USDM Reserves full transactional verification: attests that all transactions involving USDM Reserves were done in line with policies and regulations (will be added soon)

Given that the "Full transactional verification" requires a full reconciliation of the month, this report is released later than the "Attestation" report.

All attestations can be independently verified in the Nephos website.

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