Moneta, the issuer of the MiCA-compliant and fiat-backed stablecoin USDM, has launched retail minting in the U.S.
The move brings stablecoins closer to the mainstream and reflects a growing focus on compliance and usability across the crypto space.
USDM Minting Now Available in 19 U.S. States
For now, retail minting is available to users in 19 U.S. states, including international visitors who are physically present in one of those states. Through Moneta’s platform, eligible users can now mint USDM by depositing U.S. dollars and receiving a 1:1 on-chain token in return. That means more users can tap into Cardano’s ecosystem without relying on third-party exchanges.
Stablecoins are a crucial part of today’s digital asset economy. They provide a bridge between traditional finance (TradFi) and crypto by offering a price-stable asset that’s easier to use for payments, lending, and trading. Unlike volatile cryptos like Bitcoin or Ether, stablecoins are pegged to fiat currencies—usually the U.S. dollar—and backed by reserves.
If you’re in one of these 19 U.S. states, you’re eligible: NH, MA, CT, DE, PA, VA, TN, GA, FL, WI, MO, ND, KS, MT, WY, CO, UT, CA, HI International users physically present in these states can mint too. pic.twitter.com/gsJ0ntZ29o
USDM is designed to comply with Europe’s MiCA (Markets in Crypto-Assets) regulation, one of the first comprehensive legal frameworks for digital assets. That compliance focus positions USDM to serve both U.S. and global users looking for trusted, transparent stablecoins. Cardano has long marketed itself as a blockchain for builders, governments, and enterprises.
More About USDM
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