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].