# Moneta

> Cardano's premiere fiat-backed stablecoin

Moneta issues USDM, a USD-backed stablecoin on Cardano with 1:1 reserves and on-chain verification for DeFi and payments.

Moneta issues USDM, a USD-backed stablecoin built natively on Cardano for DeFi and payments. Moneta rebranded from Mehen Finance and operates as a regulated MSB. USDM is backed 1:1 by USD bank deposits and money market funds with on-chain reserve verification via Charli3.

- Type: Company
- Sector: Finance
- Status: Active
- Profile: https://thegrid.id/profiles/moneta

## Products

- [USDM Stablecoin Issuance](https://thegrid.id/profiles/moneta): USDM is a USD-backed stablecoin platform on Cardano that enables regulated minting and redemption of USD-pegged tokens with reserves verified by Charli3. (Stablecoin Issuer, Live, Main Product)

## Assets

- [USDM (USDM)](https://thegrid.id/profiles/moneta): USDM is a USD-pegged stablecoin issued by Moneta Digital LLC, a US-regulated Money Services Business. It is used as a base asset for DeFi protocols and enables instant on-chain payments on Cardano. The reserve value is reported daily on the Cardano blockchain by the independent oracle Charli3, and smart contracts enforce the 1:1 backing by preventing excess USDM from being issued. (Stablecoin)

## Links

- [Main](https://moneta.global)
- [Media Kit/branding](https://moneta.global/resources/style-guide)
- [Twitter / X](https://x.com/USDMOfficial)
- [LinkedIn](https://linkedin.com/company/USDMOfficial)
- [Discord](https://discord.gg/usdm)
- [YouTube](https://youtube.com/@USDMstablecoin)

## Legal

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Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP