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Mehen is creating the USDM fiat-backed stablecoin. The USDM stablecoin will be an essential tool for Cardano. It will be used as a base asset for decentralized finance (deFi) protocols, and can be sent peer-to-peer for instant on-chain payments. USDM will be a scalable catalyst for growth and adoption of the entire Cardano ecosystem.
*Cardano Cube and its affiliates do not endorse the mentioned projects, and it is essential to refrain from interpreting this information as financial advice. Our commitment lies in delivering aggregated and comprehensive insights into developments on the Cardano. Please regard the provided details solely as informational and exercise discretion when making any financial decisions.
