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This project has been archived by Cardano Cube. A project will be archived when the direct link to their website or social media accounts are broken or if there is too little online activity from the project to still be listed. If you're the owner of this project. You can re-verify your project by contacting us.
We advise you to be cautious and 'do your own research' before interacting with this project. Flagged projects are labelled based on claims by community members contacting Cardano Cube. If you're the owner of this project. You can verify your project by contacting us.
We advise you to 'do your own research' before interacting with this project. This notification is shown based on claims by community members contacting Cardano Cube. If you're the owner of this project. You can verify your project by contacting us.
Mehen is the Cardano blockchain’s premiere fiat-backed stablecoin. Mehen Finance will be an audited and licensed fiat-backed stablecoin issuer, minting the USDM token, a Cardano-native asset.
A directly-convertible-to-fiat token, USDM can serve as the backbone of the emerging Cardano deFi ecosystem. Since it is redeemable 1:1 for USD, the USDM token will be a reliable store of value on the Cardano blockchain. As a Cardano-native asset, it will be compatible with deFi protocols.
