USDM
USDM#1349 by market capNot covered. The criterion it missed: documentation found but no public code repository listed.
What it is for
USDM
A stable digital dollar
190 coins tagged Stablecoins, worth $306.22B together. Bigger circle, bigger coin. Order is size only.
Cardano Native Fiat Backed Stablecoin, 1:1 USD Reserve, with Proof of Reserves reported on-chain.
Problem it says it solves: a stable digital dollar. 190 coins are working on it and together they are worth $306,216,633,952. This coin is 0% of that.
Fiat-backed Stablecoin 87 coins, together worth $290.45B. Sorted by size.
The average coin in this group is worth $3.38B. To match it, this coin's price would need to rise 37860%, to about $378.64.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| USDM | $8,896,777 | +0.2% | – | no record |
| Tether | $183,405,078,991 | −0.0% | – | no record |
| USDC | $74,156,123,297 | +0.0% | – | none dated |
| USDS | $9,805,780,159 | −0.0% | – | no record |
| Dai | $4,577,689,031 | +0.0% | – | no record |
| Ethena USDe | $4,531,182,560 | −0.0% | – | no record |
| Global Dollar | $3,306,024,307 | −0.0% | – | none dated |
USD Stablecoin 102 coins, together worth $301.53B. Sorted by size.
The average coin in this group is worth $2.99B. To match it, this coin's price would need to rise 33455%, to about $334.70.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| USDM | $8,896,777 | +0.2% | – | no record |
| Tether | $183,405,078,991 | −0.0% | – | no record |
| USDC | $74,156,123,297 | +0.0% | – | none dated |
| USDS | $9,805,780,159 | −0.0% | – | no record |
| Dai | $4,577,689,031 | +0.0% | – | no record |
| Ethena USDe | $4,531,182,560 | −0.0% | – | no record |
| USD1 | $4,278,210,442 | +0.0% | – | no record |
Grouping is CoinGecko’s category tags, most specific first. Order is size, nothing else.
Roadmap and delivery
USDM
No record yet, so nothing to draw.
What is coming
USDM
No record yet.
Price and size
USDM
The last 7 days
Where today sits against its highest ever price
Highest ever: $1.41 on 2 March 2025. Today is 71% of that.
$0.9975 +0.2% today
7 days +6.7%. Market cap $8,896,777, #1276 of all coins. Its all-time high was $1.41 on 2 March 2025, so it is −29.0% from the top.
CoinGecko, refreshed hourly. Not part of the record.
USDM is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9975, #1276 of all coins by size, 29% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Who holds the supply
USDM
100%
of all USDM that will ever exist is already out in public hands: 8.92M coins.
Nothing is held back. Every coin is already out.
out held back. Each dot is 1%.
- 8.92Min circulation of 8.92M total. No hard maximum is set, so more can be created.
- of its all-time high of $1.41 on 2 March 2025. That is −29.0% from the top.
- #1276by market cap, $8,896,777.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
8.92M coins, all of them already out. Nothing is held back to be released later.
$0.9975 +0.2% today
7 days +6.7%. Market cap $8,896,777, #1276 of all coins. Its all-time high was $1.41 on 2 March 2025, so it is −29.0% from the top.
CoinGecko, refreshed hourly. Not part of the record.
USDM is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9975, #1276 of all coins by size, 29% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Competitors
USDM
Fiat-backed Stablecoin: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
USDM$8.9Mthis coin+0.2%no maxno record
Tether$183.41B20614.8× bigger, +$183.4B−0.0%, gap −0.2no maxno record
USDC$74.16B8335.2× bigger, +$74.15B+0.0%, gap −0.2no maxnone dated
USDS$9.81B1102.2× bigger, +$9.8B−0.0%, gap −0.2no maxno record
Dai$4.58B514.5× bigger, +$4.57B+0.0%, gap −0.2no maxno record
Ethena USDe$4.53B509.3× bigger, +$4.52B−0.0%, gap −0.2no maxno record
Global Dollar$3.31B371.6× bigger, +$3.3B−0.0%, gap −0.2no maxnone dated
PayPal USD$2.82B316.5× bigger, +$2.81B−0.0%, gap −0.2no maxno record
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
Fiat-backed Stablecoin: this coin next to the group's largest, Tether.
| USDM | Tether | |
|---|---|---|
| Years trading | 2 years | 12 years |
| Major exchanges | 0 | 6 |
| Named backers | 0 | 0 |
| Headlines, last month | 0 | 121 |
| Promises delivered | no record | no record |
What it says is different: Cardano Native Fiat Backed Stablecoin, 1:1 USD Reserve, with Proof of Reserves reported on-chain.
It is 0.0% the size of Tether. On the facts above it is behind on years trading, major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
Fiat-backed Stablecoin 87 coins, together worth $290.45B. Sorted by size.
The average coin in this group is worth $3.38B. To match it, this coin's price would need to rise 37860%, to about $378.64.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| USDM | $8,896,777 | +0.2% | – | no record |
| Tether | $183,405,078,991 | −0.0% | – | no record |
| USDC | $74,156,123,297 | +0.0% | – | none dated |
| USDS | $9,805,780,159 | −0.0% | – | no record |
| Dai | $4,577,689,031 | +0.0% | – | no record |
| Ethena USDe | $4,531,182,560 | −0.0% | – | no record |
| Global Dollar | $3,306,024,307 | −0.0% | – | none dated |
USD Stablecoin 102 coins, together worth $301.53B. Sorted by size.
The average coin in this group is worth $2.99B. To match it, this coin's price would need to rise 33455%, to about $334.70.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| USDM | $8,896,777 | +0.2% | – | no record |
| Tether | $183,405,078,991 | −0.0% | – | no record |
| USDC | $74,156,123,297 | +0.0% | – | none dated |
| USDS | $9,805,780,159 | −0.0% | – | no record |
| Dai | $4,577,689,031 | +0.0% | – | no record |
| Ethena USDe | $4,531,182,560 | −0.0% | – | no record |
| USD1 | $4,278,210,442 | +0.0% | – | no record |
Grouping is CoinGecko’s category tags, most specific first. Order is size, nothing else.
A stable digital dollar
190 coins tagged Stablecoins, worth $306.22B together. Bigger circle, bigger coin. Order is size only.
In the news
USDM
Nothing in the news this month.
USDM is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9975, #1276 of all coins by size, 29% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.
What holding it gets you
USDM
Meant to stay at one dollar
Holding it is holding a copy of a dollar. It is not built to rise.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
Cardano Native Fiat Backed Stablecoin, 1:1 USD Reserve, with Proof of Reserves reported on-chain.
Problem it says it solves: a stable digital dollar. 190 coins are working on it and together they are worth $306,216,633,952. This coin is 0% of that.
Venue list not fetched yet.
Worth a look?
USDM
0 of 4
- –A real-world jobDoes it say what problem it solves, in a category that is not a joke?
- –Real backingA named investor, an index, a major exchange, or a billion-dollar size.
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- –Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
USDM is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9975, #1276 of all coins by size, 29% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Fiat-backed Stablecoin: this coin next to the group's largest, Tether.
| USDM | Tether | |
|---|---|---|
| Years trading | 2 years | 12 years |
| Major exchanges | 0 | 6 |
| Named backers | 0 | 0 |
| Headlines, last month | 0 | 121 |
| Promises delivered | no record | no record |
What it says is different: Cardano Native Fiat Backed Stablecoin, 1:1 USD Reserve, with Proof of Reserves reported on-chain.
It is 0.0% the size of Tether. On the facts above it is behind on years trading, major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
Cardano Native Fiat Backed Stablecoin, 1:1 USD Reserve, with Proof of Reserves reported on-chain.
Problem it says it solves: a stable digital dollar. 190 coins are working on it and together they are worth $306,216,633,952. This coin is 0% of that.
The record
USDM
Not covered. The criterion it missed: documentation found but no public code repository listed.
Homepage as listed: https://moneta.global/