Mento Dollar (USDm) stablecoin analytics
Answer First
What is Mento Dollar (USDm)?
USDm is Mento's oracle-priced dollar stablecoin on Celo and Monad (formerly cUSD), backed by the live Mento reserve and CDP/liquidity infrastructure. The static profile records its US Dollar peg mechanism as: Mento V3 reserve-backed model: users mint and redeem USDm against reserve assets through Mento rails, with oracle pricing, circuit breakers, and reserve governance replacing the old CDP framing.
Is USDm safe?
Pharos does not assess USDm as safe: it holds a D Safety Score grade (48/100) in the latest published rating, which flags significant structural risk. Static metadata says Mento Dollar uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Real-Time PoR from Mento Reserve dashboard; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Mento Dollar (USDm) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Sep 7, 2026
Mento Dollar (USDm, formerly cUSD) is Mento's oracle-priced dollar on Celo, and its reserve is an exercise in recursive stablecoin nesting: roughly three-quarters of the book is other people's stablecoins, with AUSD and sUSDS the largest slices and USDT, EUROP, EURC, and USDC layered on top, so most of USDm's backing is itself backed elsewhere, each layer with its own dependency chain and failure modes. A long tail of mostly minor depeg events and a double-digit worst drawdown are hard numbers to look past. The...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- Mento reserve backing is based on the live Mento reserve API composition, which changes over time.
- Peg Mechanism
- Mento V3 reserve-backed model: users mint and redeem USDm against reserve assets through Mento rails, with oracle pricing, circuit breakers, and reserve governance replacing the old CDP framing.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Real-Time PoR by Mento Reserve dashboard Reserve source
Next Actions
Exact bot target: /subscribe dews,depeg,safety cusd-celo
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
USDm quick answers
What is Mento Dollar (USDm)?
USDm is Mento's oracle-priced dollar stablecoin on Celo and Monad (formerly cUSD), backed by the live Mento reserve and CDP/liquidity infrastructure. The static profile records its US Dollar peg mechanism as: Mento V3 reserve-backed model: users mint and redeem USDm against reserve assets through Mento rails, with oracle pricing, circuit breakers, and reserve governance replacing the old CDP framing.
Is USDm safe?
Pharos does not assess USDm as safe: it holds a D Safety Score grade (48/100) in the latest published rating, which flags significant structural risk. Static metadata says Mento Dollar uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Real-Time PoR from Mento Reserve dashboard; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs USDm?
Pharos classifies USDm backing as Crypto-Collateralized. Collateral, per the static profile: Mento reserve backing is based on the live Mento reserve API composition, which changes over time. Reserve evidence: Real-Time PoR from Mento Reserve dashboard.
Can USDm be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for USDm, when applicable, appear in the dossier below.
