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About USDM
USDM is a fiat-backed stablecoin native to the Cardano ecosystem, designed to maintain a 1:1 peg with the US Dollar. It is backed by USD reserves and features on-chain Proof of Reserves to ensure transparency and stability. Additionally, the USDM ticker is associated with Mountain Protocol, a regulated yield-bearing stablecoin that tokenizes real-world assets (RWA) to provide holders with daily rewards.
Recent USDM news
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