Logo
Cardano Ecosystem

Cardano Feed

04/21/2024

·

241 views


USDM Coming to the EU

In a strategic move to broaden the horizons of digital finance, USDM is excited to announce a groundbreaking CEX partnership with the Norwegian Block Exchange (NBX), a frontrunner in cryptocurrency services in the Nordics.

USDM Coming to the EU

In a strategic move to broaden the horizons of digital finance, USDM is excited to announce a groundbreaking CEX partnership with the Norwegian Block Exchange (NBX), a frontrunner in cryptocurrency services in the Nordics. This collaboration is set to establish a robust foothold for the USDM stablecoin across European markets.

USDM has proudly joined forces with NBX bring fiat-backed stablecoins to the EU. This alliance integrates the financial expertise of both entities, and brings USDM to the European Union in full compliance with current e-money regulations, as well as the upcoming Markets in Crypto-Assets (MICA) framework. This ensures USDM’s commitment to being a regulated, licensed, and globally recognized stablecoin provider, setting the standard for exemplary regulatory compliance and transparency.

Built on the Cardano blockchain, USDM is not just any stablecoin. It is a Cardano Native Token (CNT) that’s fully backed 1:1 with the US dollar. The demand for stablecoins is surging as decentralized applications (dApps) and decentralized finance (DeFi) protocols become increasingly integral to the Cardano ecosystem. Pioneering the Cardano-native stablecoin space, USDM boasts daily verifications of reserves, enhancing trust and transparency for our users.

The USDM-NBX partnership is a collaboration built on a shared vision for a more accessible, transparent, and efficient digital finance landscape. We’re not just minting a stablecoin. We’re minting the future of finance.

Contact Us: To learn more about this partnership and the USDM stablecoin, please reach out to our Communications Director, Alex Schwartz, at [email protected].

AD

SNEKbot by DexHunter on CARDANO

Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!


Read Original Article on Cardano Feed

ORIGINAL SOURCE

https://medium.com/@MehenOfficial/usdm-c...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


Genius Yields DEX Launched!

More from Cardano Feed

See more
Today is Cardano #AdaPayDay! ADA is $0.44, welcome epoch 490
Cardano Feed
Today is Cardano #AdaPayDay! ADA is $0.44, welcome epoch 490

06/08/2024

·

80 views

Related News

See more
Genius Yields DEX Launched!

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)