What can you do with USDM?
From earning DeFi yield to managing corporate treasury, USDM is the stable layer that makes Cardano usable for real financial applications.
Put your USD to work on-chain
DeFi Yield Generation
Deposit USDM into Fluid Token lending pools to earn competitive yield, or provide liquidity on Minswap and SundaeSwap to earn swap fees. No bank, no intermediary, just on-chain yield.
- Competitive yield rates
- Instant withdrawal
- No lockup required
Move USD globally at near-zero cost
Cross-Border Payments
Send USDM to any Cardano wallet worldwide in seconds. Cardano transactions finalize quickly with near-zero fees. No correspondent banking delays, no SWIFT costs, no FX conversion losses.
- < $0.01 per transaction
- Near-instant finality
- 24/7 availability
On-chain USD for modern treasuries
Treasury Management
Hold operating capital on-chain in USDM for payroll, vendor payments, and operational expenses. Full auditability via Cardano blockchain: every transaction timestamped and immutable. No fiat banking friction.
- 100% on-chain auditability
- Instant payroll disbursement
- No banking delays
Institutional liquidity without counterparty risk
On-Chain OTC Trading
Trade large USDM positions OTC with institutional counterparties across Cardano's DeFi ecosystem. Deep liquidity via Minswap, DexHunter aggregator, and our network of institutional market makers.
- No counterparty risk
- Deep DEX liquidity
- Institutional settlement
The infrastructure behind every use case
USDM is purpose-built for real financial use, not speculative trading.
Regulated Infrastructure
FinCEN-registered in the US, MiCA-compliant in the EU. Every use case runs on regulated rails.
Daily Proof of Reserves
A decentralized oracle network verifies reserves on-chain every 24 hours. Use USDM with confidence.
Cardano Performance
Near-instant finality, predictable low fees. Designed for real-world use at scale.
True 1:1 Backing
Every USDM is backed by one US dollar held at Fidelity or Western Asset Management.
Redeem Anytime
Burn USDM to receive USD back to your bank account at any time, no lockup periods.
30+ Integrations
Active across the largest Cardano protocols. More venues than any other Cardano stablecoin.
Start using USDM today
Pick the path that fits your needs.
For Individuals
Mint, hold, and use USDM in DeFi. Start with $10.
For Institutions
Custom minting limits, KYB onboarding, and OTC desk access.