Profile
USDm profile facts
Mento Dollar (USDm) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
Other coins using the USDm ticker
- MegaUSD (USDM) · Active · US Dollar. MegaETH's dollar stablecoin discloses USDC and USDtb backing through a dated transparency API.
- Moneta (USDM) · Active · US Dollar. USDM is a Cardano dollar token issued independently by Moneta and NBX.
- Monetrix USD (USDM) · Active · US Dollar. USDM is Monetrix's USDC-backed dollar token on HyperEVM.
- 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
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
USDm quick answers
5
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 reserve-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?
As of Oct 24, 2026, Pharos grades USDm B- (65/100) on its Safety Score. Pharos's reviews record that admin controls such as a pause or an upgradeable contract exist, though no power to freeze a specific holder was found, and any holder can use its reviewed redemption route. That grade is in the Score's upper band, which does not rule out losses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs USDm?
Pharos records USDm's reserves as of Sep 4, 2026 as 25.3% AUSD (Agora Dollar; Ethereum and Monad), 23.6% sUSDS (Sky savings USDS), 19.9% CELO, and 6 smaller holdings. Reserve evidence: Real-Time PoR by Mento Reserve dashboard, latest period ending Sep 4, 2026. Pharos classifies the backing as Crypto-Collateralized.
Can USDm be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, admin controls such as a global pause or an upgradeable contract are recorded, but the review found no active power to freeze or seize a specific holder's balance on material deployments.
How do you redeem USDm?
Under the route Pharos reviewed on Jul 15, 2026, any holder can redeem USDm for USDC and USDT. Redemption settles atomically on-chain. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.
