What can you do with USDM?
From DeFi liquidity to managing corporate treasury, USDM is the stable layer that makes Cardano usable for real financial applications.
Real financial applications
Use your USD across Cardano DeFi
DeFi Liquidity & Lending
USDM is integrated across Cardano DeFi for lending, borrowing, and liquidity provision. Use it where you already operate, with no bank or intermediary in the loop.
- Wide protocol coverage
- Self-custodied
- No lockup required
Move USD globally on Cardano
Cross-Border Payments
Send USDM to any Cardano wallet worldwide. Settles on-chain without correspondent banking, SWIFT routing, or FX conversion losses.
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 on-chain liquidity through DEXs, aggregators, 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.
Proof of Reserves
Reserve composition and 1:1 backing are published in the transparency report.
True 1:1 Backing
Every USDM is backed by one US dollar held with tier-one US institutions.
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
One onboarding path for individuals and institutions — verify, get approved, and mint. No consultation required.
Verify your identity
Sign up and complete KYC. Identity verification is typically same-day for individuals.
Register your business
Institutions add company details. Individuals skip straight ahead to minting.
Complete KYB
Business verification with our compliance team, usually 2–5 business days.
Mint USDM
Wire USD and mint 1:1 to your Cardano wallet. Self-serve — no consultation required.