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Moneta
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Moneta

Stablecoin issuers

Overview

What is Moneta?
Moneta is the issuer of USDM, a fiat-backed U.S. Dollar stablecoin native to Cardano. USDM is fully backed by USD reserves and is the largest Cardano-native stablecoin by market capitalization.
How does Moneta work?
Moneta issues fiat-backed stablecoins on Cardano, maintaining 1:1 USD reserves with on-chain proof of reserves.
Who governs Moneta?
Moneta (formerly Mehen Finance) is a Cardano-native stablecoin issuer.
No business model data available
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.