Why USDM is different
Six properties no other Cardano stablecoin combines.
Cardano-Native
Minted directly on Cardano. No bridges, no wrapped tokens, no counterparty risk from cross-chain mechanics.
Proof of Reserves
Reserve composition and 1:1 backing are published in the transparency report.
Dual Regulated
FinCEN-registered as a US Money Services Business. MiCA-compliant in the EU via NBX partnership.
Institutional Custody
Reserve assets held with tier-one US institutions, not crypto-native custodians.
Token Specifications
Technical details for developers and integrators.
Token Name
USDM
Blockchain
Cardano
Standard
Cardano Native Asset
Peg
USD (1:1)
Custody
Tier-one US institutions
Verification
On-Chain Oracle (daily)
Regulation
FinCEN + MiCA
Decimals
6
Policy ID
c48cbb3d5e57ed56e276bc45f99ab39abe94e6cd7ac39fb402da47ad
Stablecoin Comparison
USDM vs. other USD stablecoins available on Cardano.
| Feature | USDM | USDCx | USDA | DJED |
|---|---|---|---|---|
| Blockchain | Cardano Native | Wrapped / Bridged | Cardano Native | Cardano Native |
| Backing | Tier-one US institutions | Circle (USDC) | Anzens (fiat-backed) | ADA (over-collateral) |
| Bridge Risk | None | Yes | None | None |
| On-chain Proof | Daily (on-chain) | Periodic attestation | N/A | On-chain (ADA) |
| US Regulation | FinCEN MSB | Via Circle | FinCEN MSB | None |
| EU Regulation | MiCA (via NBX) | None | None | None |
| DeFi Integrations | 30+ | ~10 | Limited | ~15 |
Ecosystem Integrations
USDM is live across 30+ Cardano protocols.
Ready to mint USDM?
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