Log in/ Sign up
en

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 0.000274950323 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

Social Media

USDm Price Statistics
USDm’s Price Today
24h Price Change
+$0.0002749503230.03%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#8657
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 11, 2024 10:56 am
image
USDm
USD mars
$1.01
$0.000274950323(+0.03%)
Mkt Cap $0
1 Hour
1 Day
Past 1W
Past 1M
Past 1Y
There's nothing here for now
Ragnarok RPG Franchise to Join Telegram's Gaming Scene as Delabs Games Adopts TON
Ragnarok RPG Franchise to Join Telegram's Gaming Scene as Delabs Games Adopts TON
Delabs Games, creator of Rumble Racing Star, is diving into Telegram’s TON ecosystem with a Ragnarok release in Q1 2025, followed by Boxing Star in Q3—broadening its gaming presence and fan engagement on the platform.
Kikyo
Kikyo
Nov 11, 2024 10:53 am
Cardano Founder Plans to Shape US Crypto Regulations Hints at Policy Shift in 2025 as ADA Soars 35%
Cardano Founder Plans to Shape US Crypto Regulations Hints at Policy Shift in 2025 as ADA Soars 35%
Charles Hoskinson has launched a policy office to push for clearer crypto regulations in the US, hoping to work with the incoming Trump administration. The move has sparked a 35% rise in Cardano's ADA price, reflecting investor optimism for regulatory progress.
Anais
Anais
Nov 11, 2024 10:51 am
Can Trump's reelection bring a real regulatory breakthrough to the crypto industry?
Can Trump's reelection bring a real regulatory breakthrough to the crypto industry?
In this article, we will analyze in depth the regulatory trends and policy expectations of the new US government from the perspective of A16Z and Ai Ying.
JinseFinance
JinseFinance
Nov 11, 2024 10:08 am
Is Elon Musk Signalling Support to Abolish the Federal Reserve Bank? Community Raises Red Flags
Is Elon Musk Signalling Support to Abolish the Federal Reserve Bank? Community Raises Red Flags
Elon Musk hinted at support for abolishing the Federal Reserve by sharing a post from Senator Mike Lee, who called for greater executive oversight of US monetary policy. Musk’s apparent endorsement has stirred debate, with many questioning the wisdom and impact of this proposal.
Catherine
Catherine
Nov 11, 2024 9:58 am
BTC breaks through $81,000 again, Solana’s market value exceeds $100 billion
BTC breaks through $81,000 again, Solana’s market value exceeds $100 billion
Golden Finance launches the 2505th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.
JinseFinance
JinseFinance
Nov 11, 2024 8:01 am
Trump’s triumph—is the victory of crypto forces just beginning?
Trump’s triumph—is the victory of crypto forces just beginning?
On November 5, dozens of Bitcoin enthusiasts, people wearing MAGA hats, and local residents who heard the news gathered at PubKey, a Bitcoin-themed bar in Greenwich Village, New York, and they all paid attention to the latest developments of the election.
JinseFinance
JinseFinance
Nov 10, 2024 6:52 pm
Why is Binance’s coin listing dilemma an inevitable outcome?
Why is Binance’s coin listing dilemma an inevitable outcome?
Binance, exchange, regulation, why is Binance's coin listing dilemma an inevitable outcome? Golden Finance, the redemption plan is very cruel, the only way is to stop listing coins.
JinseFinance
JinseFinance
Nov 10, 2024 6:32 pm
In-depth revelation: Who killed the vitality of Telegram mini-games?
In-depth revelation: Who killed the vitality of Telegram mini-games?
Once upon a time, Telegram Miniapp became the focus of the blockchain field thanks to the explosive growth of Clicker games.
JinseFinance
JinseFinance
Nov 10, 2024 4:08 pm
The "anchor" of the next generation of currency will focus on "digital assets"
The "anchor" of the next generation of currency will focus on "digital assets"
After the US election, global cryptocurrencies and digital assets have received a new round of high attention. Of course, in the digital economy era, the status of "digital assets" is rapidly and comprehensively upgraded. In the future, digital capital will be greater than financial capital.
JinseFinance
JinseFinance
Nov 10, 2024 3:24 pm
PlanB: Bitcoin will break 250,000 USD
PlanB: Bitcoin will break 250,000 USD
PlanB, a well-known analyst in the cryptocurrency circle, has made the latest predictions on the Bitcoin market after major changes in fundamentals such as Trump's election as US president.
JinseFinance
JinseFinance
Nov 10, 2024 2:54 pm
BlackRock Boosts Global Crypto Market with USDM Stablecoin Partnership
BlackRock Boosts Global Crypto Market with USDM Stablecoin Partnership
BlackRock enters crypto, backing USDM stablecoin for global finance expansion source: https://coinpaprika.com/news/blackrock-boosts-global-crypto-market-with-usdm-stablecoin-partnership
Mar 22, 2024 11:46 pm
Cardano-Based Stablecoin USDM Set for April Retail Launch
Cardano-Based Stablecoin USDM Set for April Retail Launch
According to Foresight News, Mehen Finance, a Cardano ecosystem stablecoin issuance protocol, is set to launch its fiat-backed stablecoin USDM in April for retail users. USDM is a fiat-backed stablecoin pegged 1:1 to the US dollar. Previously, it was introduced to institutional users on March 17.
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
Innovative stablecoin launches with unique regulatory strategy
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/
Mar 20, 2024 1:10 am
USDM Stablecoin Goes Live on Cardano (ADA) Mainnet, Issuer Looking for Institutional Minters of Fiat-Backed Crypto
USDM Stablecoin Goes Live on Cardano (ADA) Mainnet, Issuer Looking for Institutional Minters of Fiat-Backed Crypto
A new dollar-backed stablecoin has launched on the Cardano (ADA) mainnet. The financial firm Mehen launched the USDM stablecoin over the weekend, noting that institutional users would spend a day or two onboarding the asset. The issuer says the stablecoin will “slowly be arriving on-chain” this week. Mehen says each USDM is backed 1:1 by […] source: https://dailyhodl.com/2024/03/19/usdm-stablecoin-goes-live-on-cardano-ada-mainnet-issuer-looking-for-institutional-minters-of-fiat-backed-crypto/
Mar 20, 2024 12:55 am
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
S&P Global Ratings has released its ninth stablecoin stability assessment report, which rated Mountain Protocol’s stablecoin USDM with a rating of three points, giving it an “adequate” rating. It is reported that S&P Global Ratings evaluates multiple aspects of stablecoins, including credit risk, market risk, custody risk, reserves, the robustness of the clearing mechanism and available over-collateralization, as well as governance, regulatory framework and third-party dependence. A score of 1 means "very strong" and a score of 5 means "weak". (TheBlock)
Mar 19, 2024 11:52 pm
S&P, USDM 스테이블코인 안정성 평가 발표... 3등급 '적절함'
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
According to PANews, S&P Global Ratings has released its ninth stablecoin stability assessment report, focusing on Mountain Protocol's stablecoin USDM. The assessment evaluates the stablecoin's ability to maintain its peg, with USDM receiving a rating of 3, achieving an 'adequate' rating. S&P Global Ratings assesses various aspects of stablecoins, including credit risk, market risk, custody risk, reserve funds, robustness of clearing mechanisms, and available over-collateralization. Other factors, such as governance, regulatory framework, and third-party dependencies, are also considered. The company then assigns scores to these criteria, with 1 representing 'very strong' and 5 representing 'weak'. Previously assessed stablecoins include USDC with a score of 2 (strong), Tether with a score of 4 (limited), and DAI with a score of 4 (limited).
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.

    Read More

  • 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.

    Read More

  • 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.

    Read More

  • 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.

    Read More

  • Is USD mars (USDm) a good investment?

    USD mars (USDm) has a market capitalization of $0 and is ranked #8657 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.

    Read More