Cardano کا USDM stablecoin اپریل ریٹیل لانچ کے لیے مقرر ہے۔

Cardano کا USDM stablecoin اپریل ریٹیل لانچ کے لیے مقرر ہے۔

Cardano's USDM stablecoin set for April retail launch PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Mehen Finance has announced that the retail release of its USDM, a stablecoin based on Cardano, will occur in April.

USDM, a fiat-backed stablecoin pegged 1:1 to the U.S. dollar, initially launched on March 17 for institutional users.

The retail rollout of USDM is expected to enhance Cardano’s decentralized finance (DeFi) ecosystem, providing users with a fiat-backed alternative to existing algorithmic stablecoins.

Cardano’s DeFi ecosystem is valued at around US$390 million, which makes it the 16th largest network, according to ڈیفلما۔.

It is also the seventh-largest network for non-fungible tokens (NFTs) with US$642 million in all-time sales.

Ethereum hosts the largest DeFi ecosystem, with its total value of assets locked exceeding US$48.5 billion.

Registered in the British Virgin Islands, Mehen Finance claims that it is لائسنس یافتہ 17 امریکی ریاستوں میں۔

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