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Cryptorank

Category USDM

Anchorage enters stablecoin arms race with Mountain Protocol buy and USDM wind-down

Anchorage enters stablecoin arms race with Mountain Protocol buy and USDM wind-down

Crypto-focused bank Anchorage Digital has announced the acquisition of USDM yield-bearing stablecoin issuer, Mountain Protocol. In a statement on M...
Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement

Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement

Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commi...
USDM Stablecoin Goes Live on Cardano (ADA) Mainnet, Issuer Looking for Institutional Minters of Fiat-Backed Crypto

USDM Stablecoin Goes Live on Cardano (ADA) Mainnet, Issuer Looking for Institutional Minters of Fiat-Backed Crypto

A new dollar-backed stablecoin has launched on the Cardano (ADA) mainnet. The financial firm Mehen launched the USDM stablecoin over the weekend, n...
USDM emerges as Cardano inaugural fiat-anchored stablecoin in a buoyant market

USDM emerges as Cardano inaugural fiat-anchored stablecoin in a buoyant market

The Cardano blockchain has welcomed its first fiat-backed stablecoin with the introduction of the USDM by Mehen Finance on March 17. According to t...
Cardano welcomes USDM, its first fiat-backed stablecoin

Cardano welcomes USDM, its first fiat-backed stablecoin

Cardano, a leading Layer-1 smart contract network, has announced the launch of the USDM stablecoin by Mehen Finance. This event marks a significant...