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About USDm

Mars Ecosystem is a new decentralized Stablecoin paradigm, which solves the fundamental problem of Stablecoin Protocols (The Positive Externality Problem) 
by internalizing the positive externality: it integrates the creation and the use of stablecoin into one ecosystem. The relationship between Mars Stablecoin and Mars DeFi primitives constitute a positive feedback loop and generates flywheel effect. Mars Stablecoin’ s stability and liquidity is supported by the Mars Ecosystem Token (XMS) and the Mars Treasury. Mars Treasury is funded with multiple types of cryptos. Besides integrations with existing DeFi protocols, Mars Ecosystem builds Mars Swap, Mars Stableswap, Mars Money Market to deliver values to Mars Stablecoin users and XMS holders. XMS holders have governance rights and manages the mars Treasury. And XMS can be staked at DEX to earn part of transaction fees generated at DEX. Mars Swap is a Uniswap-type AMM DEX, which provides deep liquidity between Mars Stablecoin and all the other tokens.

USD mars (USDm) is a cryptocurrency launched in 2021. USDm has a current supply of 0 with 0 in circulation. The last known price of USDm is 1.01 USD and is -0.000698424535 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://marsecosystem.com/.

Official Website

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USDm Price Statistics
USDm’s Price Today
24h Price Change
-$0.0006984245350.07%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#8721
USDm Market Cap
Market Cap
$0
Fully Diluted Market Cap
$0
USDm Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
USDm Supply
Circulating Supply
0
Total Supply
0
Max Supply
0
Updated Nov 14, 2024 1:33 pm
image
USDm
USD mars
$1.01
$0.000698424535(-0.07%)
Mkt Cap $0
1 Hour
1 Day
Past 1W
Past 1M
Past 1Y
There's nothing here for now
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Mar 21, 2024 8:23 am
Cardano’s USDM stablecoin set for April retail launch
Cardano’s USDM stablecoin set for April retail launch
Cardano's new USDM stablecoin, developed by Mehen Finance, is slated for a retail rollout in April. source: https://forkast.news/cardanos-usdm-stablecoin-set-for-april-retail-launch/
Mar 21, 2024 2:27 am
Innovative stablecoin launches with unique regulatory strategy
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Mehen Finance, the entity behind the USDM stablecoin on Cardano’s blockchain, is gearing up for a public retail rollout slated for April. The stablecoin officially debuted on Cardano’s network on March 17 and is currently accessible solely to institutional users. Matthew Plomin, founding partner of Mehen Finance, disclosed plans for the forthcoming retail rollout during […] source: https://www.cryptopolitan.com/innovative-stablecoin-launches-with-unique/
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USDM Stablecoin Goes Live on Cardano (ADA) Mainnet, Issuer Looking for Institutional Minters of Fiat-Backed Crypto
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S&P released the ninth stablecoin stability assessment report, rating USDM as qualified
S&P released the ninth stablecoin stability assessment report, rating USDM as qualified
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Mar 19, 2024 11:52 pm
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S&P, USDM 스테이블코인 안정성 평가 발표... 3등급 '적절함'
더블록에 따르면 S&P 글로벌 계열사인 S&P 글로벌 레이팅스(S&P Global Ratings)가 스테이블코인 안정성 평가 보고서를 발표, 마운틴 프로토콜(Mountain Protocol)의 USDM에 대해 적절(Adequate)하다고 평가했다. S&P 글로벌 레이팅스는 시장 리스크, 준비금, 청산 매커니즘의 견고성, 거버넌스, 규제 프레임워크, 타사 종속성 등을 고려해 스테이블코인에 등급(매우강함 1등급, 약함 5등급)을 부여한다. USDM는 적절함 단계인 3등급을 부여받았으며, 앞서 보고서에서 USDC는 2등급(강함)을, USDT와 DAI는 4등급(제한적)으로 평가됐다.
Mar 19, 2024 11:39 pm
S&P Global Ratings Gives USDM Stablecoin Adequate Rating
S&P Global Ratings Gives USDM Stablecoin Adequate Rating
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Mar 19, 2024 11:33 pm
Mehen Finance to launch stablecoin USDM to retail investors next month
Mehen Finance to launch stablecoin USDM to retail investors next month
Mehen Finance, the developer of Cardano’s ecological stablecoin USDM, announced that it will launch USDM to retail investors next month. USDM was officially launched on Cardano on March 17, but is currently only available to institutional users. It is reported that USDM’s model is similar to other stablecoins supported by fiat currencies, but has features to prevent over-minting. Its reserves are reported via the Cardano network’s Charli3 oracle, ensuring real-time and transparent transfers. Although USDM cannot be frozen on-chain, Mehen holds its reserves in government money market mutual funds from Fidelity and Western Asset Management. Already licensed in 17 U.S. states, Mehen plans to apply for money transmission and virtual asset service provider licenses in Europe and the United Kingdom later this year. Additionally, Mehen plans to make its initial investment through an equity crowdfunding (which will be conducted on the crowdfunding platform ChainRaise) rather than a token sale. (Cointelegraph)
Mar 19, 2024 12:17 pm
カルダノ上で法定通貨ペッグのステーブルコインUSDMが登場　米国の銀行問題で遅れも
カルダノ上で法定通貨ペッグのステーブルコインUSDMが登場　米国の銀行問題で遅れも
レイヤー1ブロックチェーンのカルダノで、初の1対1で法定通貨ペッグのステーブルコインUSDMがデビューする。このステーブルコインは、テザー（USDT）やサークル（USDC）が支配する1460億ドル規模のステーブルコイン市場での新規参入者となる。 source: https://jp.cointelegraph.com/news/cardano-blockchain-launch-fiat-backed-stablecoin-usdm
Mar 19, 2024 12:00 pm

Frequently Asked Questions

  • What is the all-time high price of USD mars (USDm)?

    The all-time high of USDm was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of USD mars (USDm) is 0. The current price of USDm is down 0% from its all-time high.

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  • How much USD mars (USDm) is there in circulation?

    As of , there is currently 0 USDm in circulation. USDm has a maximum supply of 0.

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  • What is the market cap of USD mars (USDm)?

    The current market cap of USDm is 0. It is calculated by multiplying the current supply of USDm by its real-time market price of 1.01.

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  • What is the all-time low price of USD mars (USDm)?

    The all-time low of USDm was 0 , from which the coin is now up 0%. The all-time low price of USD mars (USDm) is 0. The current price of USDm is up 0% from its all-time low.

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  • Is USD mars (USDm) a good investment?

    USD mars (USDm) has a market capitalization of $0 and is ranked #8721 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze USD mars (USDm) price trends and patterns to find the best time to purchase USDm.

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