Stablecoin information
Stable Mint USD (USDSM) is a USD-denominated Electronic Money Token (EMT) issued under the EU's MiCA framework by Stable Mint Limited, a Malta-based Electronic Money Institution authorised by the Malta Financial Services Authority (MFSA). It provides a regulated digital representation of the US dollar for on-chain payments, settlement, treasury management and digital asset markets.
Category:fiat-backed
Minting and Redemption
USDSM is issued 1:1 against received US dollar fiat deposits, and is redeemable for fiat on demand through Stable Mint's onboarding and compliance framework. Reserves are held in dollar-denominated cash deposits and high-quality liquid assets.
Audits:No
Stablecoins usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | <0.0001% | +27.20% | -9.67% | 7.65m | ||
| 0.00% | >-0.0001% | -8.26% | -8.30% | 4.42m | ||
| 0.00% | -0.15% | -99.97% | -99.97% | 116.82 | ||
| 0.00% | -0.39% | -99.98% | -99.98% | 68.73 |