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USDM is backed 1:1 by USD bank deposits and money market funds, managed by Fidelity and Western Asset Management, ensuring stability and security for all users.
Moneta has built USDM, an essential tool for Cardano. USDM serves as a base asset for decentralized finance (DeFi) protocols and enables instant on-chain payments, accelerating the growth and adoption of the entire Cardano ecosystem.
Available in over 190 countries, USDM is working with a wide range of partners to offer Bitcoin holders unprecedented access to DeFi opportunities and privacy across the ecosystem.
The live USDM price today is $0.987606 USD with a 24-hour trading volume of not available. We update our USDM to USD price in real-time. USDM is down 0.81% in the last 24 hours. The current CoinMarketCap ranking is #8713, with a live market cap of not available. The circulating supply is not available and a max. supply of 11,514,095 USDM coins.