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.

- Directly redeemable 1:1 fiat backed stablecoin
- Cardano native asset
- Capital efficient
- Reserves are independently verified by on-chain oracles
- Transferrable, versatile, and reliably compatible with smart contract applications and the broader Cardano DeFi ecosystem

Committed to transparency and security, Mehen is building USDM using a smart contract-powered trustless framework.  Issuance of USDM is governed by an independent decentralized oracle network that has direct API access to the USDM reserves account.

As a Cardano native asset, USDM can be easily integrated into the growing decentralized finance (DeFi) ecosystem.

Bridging financial expertise with technology, Mehen is moving global digital asset adoption forward.