Stablecoin Information
Fiat backed stablecoin native to the Cardano blockchain
Category:fiat-backed
Minting and Redemption
Approved business users can mint USDM, after completing KYC. To redeem USDM for USD, verified users request a burn of their USDM tokens, with the equivalent USD amount transferred back to their verified bank account
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | >-0.0001% | +0.02% | 13.58m |