A New Addition to the Stablecoin Market Cardano, the Layer-1 blockchain, has introduced USDM, its inaugural 1-to-1 fully fiat-backed stablecoin. This development marks a significant milestone in the $146 billion stablecoin market, previously dominated by giants like Tether (USDT) and Circle (USDC). USDM: The Game Changer USDM, launched on March 17 by Mehen Finance, allows … Continue reading "Cardano Welcomes USDM: A New Era for Fiat-backed Stablecoins" The post Cardano Welcomes USDM: A New Era for Fiat-backed Stablecoins appeared first on Cryptoknowmics-Crypto News and Media Platform .
