Price change (24h):
0.60%
High (24h):
$1.011
Low (24h):
$0.985572
Volume (24h):
$179.02K
Market Cap:
$9.50M
All Time High:
28.82% $1.41
Mar 2, 2025
All Time Low:
89% $0.53
Oct 10, 2025
USDM
USDM1.81 %(1Y)
$0.998491
About USDM
USDM is a cryptocurrency launched in 2025. A fiat-backed stablecoin native to the Cardano blockchain, it maintains a target 1:1 value ratio with the United States dollar.
The Cardano ecosystem previously lacked a native stablecoin with on-chain verifiable reserves. Centralized custodians dominated the dollar-pegged asset space. USDM solves this by posting proof of reserves directly to the chain. Every minted token corresponds to a dollar held in a regulated financial institution, and that balance is cryptographically attested in near real-time, eliminating the need to trust a quarterly audit.
The asset operates on the Cardano network. It is a native token, not a smart-contract minted asset, utilizing the blockchain’s extended UTXO accounting model for deterministic transaction validation.
Its technical substrate is defined by a specific minting policy ID—c48cbb3d5e57…—that locks supply expansion to a multi-signature governance scheme. No additional tokens can be created without the on-chain proof of an equivalent dollar deposit. This mechanism, paired with decentralized oracle feeds from Charli3, allows any observer to audit the collateralization ratio continuously.
The protocol emerged from Moneta Global and entered active trading on March 16, 2025. Its conceptual lineage traces back to earlier Cardano stablecoin attempts, most notably the Mehen initiative, whose technical blueprint was openly repurposed in the new project’s documentation. Early liquidity rapidly coalesced around SundaeSwap and Minswap, where arbitrageurs kept the peg tight against minor volatility.
USDM targets a foundational role: serving as the Cardano economy’s stable unit of account. By shifting reserve verification from occasional human attestation to automated, on-chain reporting, the token reduces the opacity that plagued predecessors. This design aspires to support DeFi protocols that demand uncompromising settlement integrity.
Functionally, USDM does not pay network fees—ADA retains that role—but it acts as the settlement layer for value exchange. Lending smart contracts denominate loans in USDM, liquidating collateral when its dollar threshold is breached. Decentralized exchanges use it as a quote currency against volatile assets, while payment channels can route USDM to settle invoices without exposing parties to price swings.
A liquidity provider supplies USDM into a SundaeSwap pool, earning a slice of swap fees from traders converting ADA or other native tokens. A borrower locks ADA in a vault, mints USDM, and uses the stablecoin to fund expenditures, repaying the loan later plus a small interest rate to reclaim the collateral. Arbitrage bots watch the Charli3 price feed and rush to buy or sell USDM whenever it diverges from the dollar, pulling the peg back into line within blocks. Merchants accepting Cardano payments can immediately swap received ADA into USDM via an automated script, freezing revenue in a dollar-denominated instrument.
USDM has a total supply of 13,199,684.31 tokens. Currently, 13,199,684.31 are in circulation, reflecting a fully distributed supply with no locked reserves. The token’s spot price oscillates within a tight band around $0.994, as per the latest DEX aggregator data. With a market capitalization of $13,100,802, USDM ranks #1,050 among all cryptocurrencies.
USDM Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 08/07/2026 | $1.01 | $0.99 | $1.01 | $0.99 |
| 07/07/2026 | $1.00 | $1.01 | $1.02 | $0.99 |
| 06/07/2026 | $1.00 | $1.00 | $1.02 | $0.98 |
| 05/07/2026 | $1.01 | $1.00 | $1.02 | $0.98 |
| 04/07/2026 | $1.01 | $1.01 | $1.02 | $0.99 |
| 03/07/2026 | $1.00 | $1.01 | $1.02 | $0.99 |
| 02/07/2026 | $1.00 | $1.01 | $1.01 | $0.99 |
| 01/07/2026 | $1.00 | $1.00 | $1.01 | $0.99 |
Why is manual trading USDM a bad idea?
Manual usdm trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
-
Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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USDM (USDM) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live USDM price, market cap, and 24-hour trading volume at the top of this page.
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The current price of USDM (USDM) is $0.998491. Over the last 24 hours, it has moved -0.60%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy USDM on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your USDM investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Stablecoins (like USDM) are designed to maintain a stable value, usually pegged to a fiat currency like the US dollar. While their price typically stays close to the peg, they can occasionally depeg due to market stress, liquidity issues, or concerns about reserve backing.
Many traders use stablecoins as a safe haven during crypto market volatility or as a convenient way to move funds between exchanges. -
We can’t provide investment advice. Whether USDM is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. USDM can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
