Stablecoin Information
The USDM Token is an ERC20 rebasing token, with a redemption value pegged at 1:1 for primary customers. Like other fiat-backed stablecoins, we expect a 1:~1 in secondary market price, driven by arbitrage opportunities.
Category:fiat-backed
Minting and Redemption
Users can purchase USDM with USDC. Balances will be credited in the platform when funds settle (usually in seconds) and are ready to withdraw.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.39% | +0.39% | +0.39% | 1.28m | ||
| 0.00% | +0.00% | +0.00% | +0.00% | 58,561.47 | ||
| 0.00% | +0.00% | +0.00% | +0.00% | 45,287.16 | ||
| 0.00% | -0.01% | -0.01% | -0.01% | 5,232.6 | ||
| 0.00% | -54.27% | -54.27% | -54.27% | 4,247.52 | ||
| 0.00% | +0.00% | +0.00% | +0.00% | 2,068.01 |