Hoskinson Family Office invests $1.5 million to support the development of Cardano stablecoin USDM

According to ChainCatcher, USDM by Moneta Digital reports that Hoskinson Family Office, Inc. (HFO) has announced an investment of $1.5 million in W3i Software, Inc. to support the development of USDM, Cardano's first MiCA-compliant, fiat-backed stablecoin, promoting the integration of DeFi and traditional financial systems. USDM is issued by Moneta Digital and meets the stringent standards of the EU's Markets in Crypto-Assets Regulation (MiCA), providing compliant on-chain financial solutions for institutions, banks, and governments.