USDM stablecoin eyes retail rollout next month: Mehen founder
Some industry pundits say USDM has superior properties to USDT and USDC in that it can’t be frozen — but problems could arise if regulators demand action.
Mehen Finance, the firm behind Cardano’s newest stablecoin USDM, is aiming for a public “retail rollout” of its fiat-backed stablecoin as early as next month.
USDM officially launched on Cardano on March 17 but is currently only available to institutional users.
“Retail rollout will likely be in April,” Mehen Finance Founding Partner Matthew Plomin told Cointelegraph.
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