USDM

web3Verified

USDM is backed 1:1 by USD bank deposits and money market funds, managed by Fidelity and Western...

Stage

Series A

Funding

Undisclosed

Team

0.0Mission ScoreFixed 0-100 scale

About

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.

Expert Insight

Verified Series A project.

Expert Coverage

No published expert evaluations are available for this project yet.

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