Stable Mint USDUSDSM
Stable Mint USD (USDSM) is a U.S. dollar stablecoin issued by Stable Mint through Stable mint Ltd. Each token is redeemable one-for-one for U.S. dollars and is a direct claim on the issuer. Reserves are held in accounts segregated from the issuer's own funds. Institutions can mint and redeem directly with Stable Mint in USD after completing KYC, and holders have a contractual right to redeem at par. Stable mint Ltd is incorporated in Malta, is authorised under MiCA, and is supervised by the Malta Financial Services Authority. Holder terms are governed by the law of Malta. USDSM has been issued on public blockchains since October 2024 and is native to Ethereum, Arbitrum One, and Base.

