Discover the USDM (USD MAPPED TOKEN) Listing on XT
XT,
the
world’s
first
socially
infused
trading
platform,
is
thrilled
to
announce
the
listing
of USDM(USD
MAPPED
TOKEN) on
its
platform
in
the
Main
Zone
(DeFi)
and
the USDM/USDT trading
pair
started
from
2024-05-03
09:00
(UTC).
About USDM
USDM is
an
ERC-20
token
deployed
on
the
Ethereum
layer-1
blockchain
with
a
max
supply
of
6.5
billion
tokens. USDM,
a
stablecoin
pegged
to
the
US
Dollar,
emerges
as
a
solution
that
combines
the
stability
of
fiat
currency
with
the
security
of
blockchain
technology.
By
leveraging
blockchain’s
transparent
and
cryptographically
secure
global
ledger,
USDM
provides
individuals
and
organizations
with
a
decentralized
mechanism
for
value
exchange
built
upon
a
familiar
monetary
foundation.
At
the
core
of
USDM’s
innovation
lies
its
commitment
to
maintaining
a
one-to-one
reserve
ratio
between
the
stablecoin
and
its
underlying
asset,
the
US
Dollar.
This
methodology,
meticulously
crafted
and
executed
on
the
Ethereum
blockchain,
ensures
that
every
USDM
token
in
circulation
is
backed
by
an
equivalent
amount
of
fiat
currency.
Through
rigorous
audit
techniques
such
as
Proof
of
Reserves,
USDM
guarantees
transparency
and
upholds
a
steady
exchange
rate,
instilling
confidence
among
users
navigating
the
volatile
cryptocurrency
market.
USDM
also
introduces
a
revolutionary
security
protocol
by
harnessing
the
Ethereum
blockchain’s
smart
contract
technology.
This
not
only
enhances
the
platform’s
security
features
but
also
streamlines
governance
protocols,
automating
processes
to
ensure
efficiency
and
trust.
By
integrating
with
Ethereum,
USDM
sets
a
new
standard
in
security,
mitigating
risks
associated
with
digital
transactions
and
safeguarding
against
volatility
and
unauthorized
access.
As
stablecoins
continue
to
gain
prominence
in
the
financial
world,
USDM
stands
out
for
its
unwavering
commitment
to
transparency.
With
fully
auditable
reserves,
stakeholders
can
verify
the
one-to-one
USD
backing
at
any
given
time,
fostering
a
culture
of
trust
and
accountability
crucial
for
the
success
of
a
stablecoin.
Empowering
the
global
economy,
USDM
serves
as
a
seamless
and
cost-effective
vehicle
for
various
financial
transactions,
bridging
the
gap
between
traditional
fiat
currencies
and
the
digital
economy.
In
essence,
USDM
is
not
just
a
token
of
value
but
a
symbol
of
innovation
and
reliability
in
the
bustling
marketplace
of
digital
assets.
By
marrying
the
familiarity
of
the
US
Dollar
with
the
potential
of
blockchain
technology,
USDM
sets
a
new
benchmark
for
what
a
digital
currency
should
embody.
As
we
navigate
the
complexities
of
the
global
financial
ecosystem,
USDM
shines
as
a
beacon
of
stability
and
trust
in
the
digital
age,
heralding
a
future
where
the
promise
of
secure,
seamless
transactions
is
already
a
reality.
Albin
Warin, CEO
of
XT, shared
his
thoughts
on
the
listing
of
USDM
tokens,
highlighting
its
significance
in
the
evolving
landscape
of
digital
assets.
He
remarked, “The
addition
of
USDM
to
our
platform
marks
a
significant
milestone
in
our
commitment
to
offering
users
access
to
innovative
and
reliable
financial
instruments.
USDM’s
purpose
as
a
stablecoin
anchored
to
the
US
Dollar
aligns
perfectly
with
our
vision
of
providing
stability
and
security
in
the
cryptocurrency
market.”
About USD
MAPPED
TOKEN
Founded
in
2020,
the
Monetary
Token
Foundation
emerges
as
a
pioneering
force
in
the
realm
of
financial
innovation.
Committed
to
reshaping
the
financial
landscape,
the
foundation
embodies
a
spirit
of
innovation,
collaboration,
and
trust,
offering
accessible,
efficient,
and
secure
financial
solutions
tailored
to
the
demands
of
the
modern
world.
At
the
heart
of
the
foundation’s
mission
is
a
steadfast
commitment
to
transparency
and
customer
service,
laying
the
groundwork
for
a
platform
where
individuals
and
businesses
can
thrive
in
the
ever-evolving
digital
economy.
Through
strategic
partnerships
and
integration
with
leading-edge
technology,
the
foundation
delivers
a
suite
of
services
that
are
as
reliable
as
they
are
revolutionary.
The
foundation’s
flagship
project,
USDM,
exemplifies
its
dedication
to
innovation
and
trust.
By
anchoring
the
stablecoin
to
the
US
Dollar
and
leveraging
blockchain
technology,
USDM
sets
a
new
standard
for
stability
and
security
in
the
cryptocurrency
market.
With
a
focus
on
transparency
and
audibility,
the
foundation
ensures
that
every
USDM
token
is
backed
by
real-world
reserves,
fostering
a
culture
of
accountability
essential
for
financial
success.
Beyond
USDM,
the
foundation’s
vision
extends
to
empowering
financial
institutions,
crypto
exchanges,
individuals,
and
businesses
alike.
By
providing
swift,
secure
crypto-fiat
conduits
and
offering
dependable,
USD-equivalent
mediums
for
transactions,
the
foundation
enables
seamless
integration
into
the
digital
economy,
driving
innovation
and
facilitating
growth.
Website: usdm.finance
Twitter: twitter.com/USDM_Finance
Telegram: t.me/usdm_official
About
XT
Founded
in
2018, XT serves
more
than
6
million
registered
users,
over
500,000+
monthly
active
users,
40+
million
users
in
the
ecosystem,
and
more
than
800
tokens
with
1000+
trading
pairs.
Since
then,
XT
crypto
exchange
has
expanded
its
offerings
by
covering
a
rich
variety
of
trading
categories
to
provide
a
secure,
trusted,
and
intuitive
trading
experience
for
its
large
user
base.
One
such
addition
is
crypto
futures
trading
which
includes
USDT-M
Futures
and
coin-M
futures
perpetual
contracts,
as
well
as
copy
trading
that
allows
users
to
replicate
top
traders
in
real
time
with
just
one
click.
Additionally,
the
Futures
Grid
allows
users
to
automate
the
buying
and
selling
of
futures
contracts
to
make
profits.
Website: www.xt.com
Twitter: twitter.com/XTexchange
Telegram: t.me/XTsupport_EN
XT
Exchange
Bella
Wei
Email
address:
[email protected]
USDM(USD
MAPPED
TOKEN)
Disclaimer:
The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.
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