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% | -19.22% | -3.55% | +1.28% | 6.3m | ||
| 0.00% | +0.12% | +0.46% | -4.49% | 4.87m | ||
| 0.00% | +0.00% | +0.00% | -10.93% | 528,283.34 | ||
| 0.00% | <0.0001% | <0.0001% | -7.38% | 523,518.21 |