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Pharos

Mento Dollar (USDm) stablecoin analytics

USDm is Mento's oracle-priced dollar stablecoin on Celo and Monad (formerly cUSD), backed by the live Mento reserve and CDP/liquidity infrastructure.

Static Profile

Static stablecoin profile

Mento Dollar (USDm) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.

AI summary / Updated Jul 8, 2026

USDm is Mento's oracle-priced USD stablecoin on Celo, mostly backed by other stablecoins with a CELO wildcard. Mento Dollar (USDm, formerly cUSD) is an exercise in recursive stablecoin nesting: the reserve leans on sUSDS (~44%), with USDC, USDT, and EURC slices on top, meaning...

AI summary · drafted by claude-fable-5 · reviewed by @TokenBrice on Jul 8, 2026 · facts as of Jul 8, 2026

Collateral
Mento reserve holding AUSD, sUSDS, CELO, USDT, EURC, USDC, and stETH; reserve composition is pulled from the live Mento reserve API and 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
Contracts
6 deployments tracked across Celo, NEAR, Monad, and Ethereum, plus 2 more.

Snippet Answer

Is USDm safe?

Pharos does not mark USDm as absolutely safe. 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 freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.

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 Jul 8, 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 mark USDm as absolutely safe. 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 freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. 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 holding AUSD, sUSDS, CELO, USDT, EURC, USDC, and stETH; reserve composition is pulled from the live Mento reserve API and 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, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for USDm, when applicable, appear in the dossier below.