Cardano finally gets fiat-backed stablecoin USDM after huge delays

Mehen Finance planned to launch USDM in early 2023 but saw delays after crypto-friendly banks shuttered in 2023 and its banking partner went to work with Circle.

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Tags: USDM, United States Dollar Stablecoin, Mehen Finance, Matthew Plomin, ADA, Circle, Cross River, Silicon Valley Bank, Silvergate, Signature Bank, Plaid

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