Crypto bank Anchorage Digital has expanded its stablecoin offerings with the acquisition of Mountain Protocol, a stablecoin issuer that says it will begin winding down its main stablecoin, Mountain ...
Some industry pundits say USDM has superior properties to USDT and USDC in that it can’t be frozen — but problems could arise if regulators demand action. Mehen Finance, the firm behind Cardano’s ...
XT, the world’s first socially infused trading platform, is thrilled to announce the listing of USDM(USD MAPPED TOKEN) on its platform in the Main Zone (DeFi) and the USDM/USDT trading pair started ...
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 ...
Mehen Finance has announced that the retail release of its USDM, a stablecoin based on Cardano, will occur in April. USDM, a fiat-backed stablecoin pegged 1:1 to the U.S. dollar, initially launched on ...
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Hoskinson speaks about $100M ADA sale to boost USDM
Cardano founder Charles Hoskinson has suggested converting $100 million in ADA from the protocol’s treasury into a Cardano-native stablecoin, USDM. He argued that the initiative could bring in $5 ...
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