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Jun 2

USDm: Reinventing Money with Verifiable Yield and Onchain Privacy

Powered by Succinct’s SP1 zkVM, USDm introduces a fundamentally new paradigm for stablecoins, where balances are composable across protocols without being transferred, where zero-knowledge proofs enforce privacy, and where every interaction is verifiable without requiring trust. Users mint USDm through CDP mechanics backed by MON/ETH and Security Operators, then wrap to wUSDm. This enables a powerful proof-based system where balances can be attested, locked, and spent without leaving a trail ...
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