Lace Wallet Integrates USDM Stablecoin, Driving Cardano’s DeFi Expansion

A new partnership between Lace Wallet and USDM stablecoin promises significant growth for Cardano’s decentralized finance (DeFi) sector. Announced in June 2025, the integration boosts the visibility of the USDM stablecoin within the Cardano ecosystem while expanding Lace Wallet’s multi-chain functionality. The move is seen as a key driver for ADA token price increases, demonstrating investor optimism about Cardano’s DeFi progress.