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% | +0.00% | -10.70% | +8.15% | 7.06m | ||
| 0.00% | -0.00% | +1.84% | +2.27% | 4.96m | ||
| 0.00% | -0.00% | +11.46% | -5.11% | 496,758.77 | ||
| 0.00% | +0.00% | -0.84% | -14.92% | 449,479.36 |