Hoskinson family office invests $1.5 million to support Cardano compliant stablecoin USDM development

Odaily Planet Daily News: Hoskinson Family Office (HFO) announced a $1.5 million investment in W3i Software to support its development of Cardano's first stablecoin USDM that complies with EU MiCA regulations. USDM is issued by Moneta Digital with the aim of providing Cardano with a stable, transparent, and compliant digital dollar solution. HFO Chief Investment Officer Dan Singleman will collaborate with the W3i team to promote the adoption of USDM in traditional banking and government systems worldwide. In addition, W3i has launched a community crowdfunding campaign, inviting global investors to participate in its compliant DeFi future construction.