About USDM
Moneta is building 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.
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.
Regulated & Compliant
Moneta, meaning "coin" or "money" in various languages, is revolutionizing digital finance on the Cardano blockchain.
Moneta Digital LLC, a US-regulated Money Services Business, is the legal issuer and redeemer of the USDM stablecoin on Cardano. Regulated by FinCEN at the federal level and by appropriate state governing bodies, Moneta ensures compliance and security in managing the USDM Reserve.
Community-Driven
Born from the Cardano community as Mehen Finance LLC, Moneta harnesses the power of community.
- Visionary Leaders
- Stake Pool Operators
- NFT Creators
- Blockchain Engineers
United to foster growth across the Cardano ecosystem
Project Information
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StatusLive
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Main CategoryStablecoin
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Release date2023