Injective integrates the Mountain Protocol, introducing USDM, a native yield-bearing stablecoin backed by Treasury bills. USDM offers a 5% annual yield, enabling various real-world asset use cases within the Injective…
Cardano has launched USDM, its first fully fiat-backed stablecoin, through Mehen Finance, distinguishing it from other Cardano-based stablecoins by offering direct U.S. dollar backing. USDM’s launch signifies a major advancement…