The Cardano blockchain has welcomed its first fiat-backed stablecoin with the introduction of the USDM by Mehen Finance on March 17. According to the project: “USDM will slowly be arriving on-chain the week of the 18th.” The launch of this stablecoin comes almost two years after the release of its white paper. Matthew Plomin, the […]
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USDM emerges as Cardano inaugural fiat-anchored stablecoin in a buoyant market