Stablecoin Information
Stable Mint USD (USDSM) is a USD-denominated Electronic Money Token (EMT) issued under the EU's MiCA framework by Stable Mint Limited, a Malta-based Electronic Money Institution authorised by the Malta Financial Services Authority (MFSA). It provides a regulated digital representation of the US dollar for on-chain payments, settlement, treasury management and digital asset markets.
Category:fiat-backed
Minting and Redemption
USDSM is issued 1:1 against received US dollar fiat deposits, and is redeemable for fiat on demand through Stable Mint's onboarding and compliance framework. Reserves are held in dollar-denominated cash deposits and high-quality liquid assets.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -2.17% | -2.61% | +9.89% | 6.87m | ||
| 0.00% | +0.02% | +0.08% | +2.35% | 4.96m | ||
| 0.00% | >-0.0001% | -0.01% | -5.12% | 496,733.84 | ||
| 0.00% | -0.03% | +0.86% | -14.19% | 453,316.06 |