Inter Stable Token (IST) stablecoin analytics
Answer First
What is Inter Stable Token (IST)?
IST was Agoric's Inter Protocol stable token, formerly minted against vault collateral and PSM deposits before governance sunset the protocol in 2025. The static profile records its US Dollar peg mechanism as: IST was minted through Inter Protocol vaults and PSM facilities. Agoric governance approved a wind-down in mid-2025, disabled new minting, and completed the sunset process on June 26, 2025.
Is IST safe?
Inter Stable Token is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a Decentralized (DeFi) governance model, Crypto-Collateralized backing, curated reserve profile, and notes that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies.
Static Profile
Static stablecoin profile
Inter Stable Token (IST) static profile: governance model Decentralized (DeFi); backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Aug 11, 2026
IST was Agoric's textbook interchain dollar, built as an overcollateralized CDP against IBC-bridged ATOM and stATOM with Dutch-auction liquidation, plus a PSM swapping approved stablecoins 1:1. It is now a textbook example of how to shut one down. Agoric governance approved a strategic wind-down in spring 2025, ran a roughly 60-day sunset with liquidation fees zeroed so vault users could repay and reclaim collateral, and completed the shutdown on June 26, 2025; Pharos keeps the entry as a frozen archive because...
AI summary · drafted by claude-fable-5 · facts as of Aug 11, 2026
Sources: Agoric community sunset proposal
- Collateral
- Overcollateralized crypto vaults on Agoric accepting IBC-bridged ATOM and stATOM, plus a Parity Stability Module (PSM) that mints IST 1:1 against approved stablecoins (USDC, USDT, DAI) bridged from Ethereum via IBC
- Peg Mechanism
- IST was minted through Inter Protocol vaults and PSM facilities. Agoric governance approved a wind-down in mid-2025, disabled new minting, and completed the sunset process on June 26, 2025.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Next Actions
This record preserves static and historical context; live actions are available only for active assets.
Source: checked-in StablecoinMeta profile fields. This inactive record does not participate in current live monitoring; the summary above was last updated Aug 11, 2026.
IST quick answers
What is Inter Stable Token (IST)?
IST was Agoric's Inter Protocol stable token, formerly minted against vault collateral and PSM deposits before governance sunset the protocol in 2025. The static profile records its US Dollar peg mechanism as: IST was minted through Inter Protocol vaults and PSM facilities. Agoric governance approved a wind-down in mid-2025, disabled new minting, and completed the sunset process on June 26, 2025.
Is IST safe?
Inter Stable Token is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a Decentralized (DeFi) governance model, Crypto-Collateralized backing, curated reserve profile, and notes that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies.
What backs IST?
Pharos classifies IST backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized crypto vaults on Agoric accepting IBC-bridged ATOM and stATOM, plus a Parity Stability Module (PSM) that mints IST 1:1 against approved stablecoins (USDC, USDT, DAI) bridged from Ethereum via IBC Reserve evidence: curated reserve profile.
Can IST be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. IST is a frozen Pharos archive; the recorded history below is read-only.
