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Category USDM

Eric Balchunas calls exchange-traded funds 'tokens with benefits'

Eric Balchunas calls exchange-traded funds 'tokens with benefits'

Senior ETF Analyst for Bloomberg, Eric Balchunas, has touted crypto exchange-traded funds and called them “tokens with benefits,”  because they hav...
Hoskinson speaks about $100M ADA sale to boost USDM

Hoskinson speaks about $100M ADA sale to boost USDM

Charles Hoskinson suggests converting $100 million in ADA to USDM to improve stablecoin liquidity.
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 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...