USDM (Moneta)
Fiat-backed USD stablecoin by Moneta — one of the largest stablecoins on Cardano
What is USDM (Moneta)?
USDM is a fiat-backed USD stablecoin issued by Moneta, one of the largest stablecoins by market cap on Cardano. It is backed by real US dollar reserves and regulated financial infrastructure, offering Cardano users a stable, liquid asset for DeFi and everyday transactions.
Key Features
Fiat-Backed Reserve
Each USDM is backed by USD held in regulated financial accounts. Moneta publishes regular attestations to verify the reserves backing the circulating supply.
Deep Cardano Liquidity
USDM has among the deepest liquidity pools of any stablecoin on Cardano, making it one of the most practical choices for large DeFi transactions.
DeFi Integration
USDM is widely supported across Cardano's DeFi ecosystem — available on major DEXes, as collateral on lending protocols, and in yield farming strategies.
Regulatory Focus
Moneta operates with a compliance-first approach, positioning USDM as a stablecoin built for long-term regulatory sustainability.
How to Use USDM (Moneta)
- 1
Purchase USDM directly on Cardano DEXes like Minswap or SundaeSwap
- 2
Use DexHunter to find the best USDM swap rate across all DEXes
- 3
Hold USDM in any Cardano wallet to preserve USD value without leaving the Cardano ecosystem
- 4
Deploy USDM in DeFi: supply on Liqwid, add to liquidity pools, or use as collateral
Frequently Asked Questions
Who issues USDM?
USDM is issued by Moneta, a company focused on bringing regulated fiat-backed stablecoins to the Cardano ecosystem.
Is USDM audited?
Yes. Moneta conducts regular reserve attestations to verify that USDM is fully backed by USD. Check Moneta's official site for the latest attestation reports.
How does USDM compare to DJED?
USDM is fiat-backed — each token is redeemable for a real dollar. DJED is algorithmically backed by ADA collateral. USDM is more directly pegged to USD reserves; DJED's peg is maintained through smart contract mechanics.
Where can I buy USDM?
USDM is available on major Cardano DEXes including Minswap and SundaeSwap, and through DEX aggregators like DexHunter.