Transparency
Proof of Reserves
Real-time visibility into USDM's reserve backing. Every token is verifiable on-chain, every dollar is accountable.
Fully Backed
01/Reserves
Live Reserve Data
Reserve report
> $15M
Total Reserve Balance
USD
> 15M
Circulating USDM
USDM
≥ 100%
Reserve Ratio
must be ≥100%
✓ Verified
Verification Status
on Cardano mainnet
02/Composition
Reserve Composition
Custody
Verified on-chain · todayUS Money Market Funds
Institutional Custody
Reserves held in institutional-grade US money market funds at tier-one US institutions.
US Bank Deposits
USD Deposits
FDIC-insured accounts at regulated US financial institutions.
03/Get Started
Mint USDM
Questions about our reserves or verification methodology?