Community Impact: As CNUTS, we’re thrilled about this collaborative effort. Partnering with USDM, a fiat-backed stablecoin, we’re onboarding a popular pizzeria and bar in Toronto, Canada. Our goal? To enable the pizzeria to accept ADA and USDM as payment.

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Focusing on Tangible Benefits: We’ve shifted our focus to initiatives that directly benefit the Cardano community. This effort exemplifies how CNUTS is making a meaningful impact and how USDM enhances blockchain viability for businesses.

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Initiative Details:

• ADA Payments Simplified - Customers at the pizzeria will effortlessly make payments using ADA.

• Stablecoin Conversion - To shield the business from crypto market volatility, we’ll seamlessly convert ADA into USDM—a stablecoin that ensures consistent earnings.

• Tax Efficiency - By converting ADA to USDM, we minimize the tax burden on the business owner, making crypto payments more attractive.

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Role of USDM: As a stablecoin, USDM provides a reliable and stable medium of exchange. It eliminates risks tied to crypto market fluctuations—essential for businesses considering crypto adoption.

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Collaboration and Future Plans: We collaborated with Terry from Pangolin Protocol and developers from Mehen to create a robust transaction system.
Once the pizzeria is onboarded, we’ll publish a detailed process model, empowering other community members to replicate our success.

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Looking Ahead: This partnership with USDM is just the beginning. Our vision? Seamlessly integrating cryptocurrencies into everyday transactions, benefiting businesses and customers alike.