Published 2 months ago

Cardano finally gets fiat-backed stablecoin USDM after huge delays

Summary by Ground News

A new dollar-backed stablecoin has launched on the Cardano (ADA) mainnet. The issuer says the stablecoin will slowly be arriving on-chain this week.ADA is trading at $0.632 at time of writing and is down 4.38% in the past 24 hours.

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Cointelegraph

Cardano finally gets fiat-backed stablecoin USDM after huge delays

2 months ago

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The Daily Hodl

USDM Stablecoin Goes Live on Cardano (ADA) Mainnet, Issuer Looking for Institutional Minters of Fiat-Backed Crypto - The Daily Hodl

A new dollar-backed stablecoin has launched on the Cardano (ADA) mainnet. The financial firm Mehen launched the USDM stablecoin over the weekend, noting that institutional users would spend a day or two onboarding the asset.

2 months ago

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