Mento Japanese Yen (JPYm) stablecoin analytics
Answer First
What is Mento Japanese Yen (JPYm)?
JPYm is Mento's CDP-backed yen stablecoin, minted against USDm collateral via the Mento FX system on Celo with on-chain reserve and oracle pricing. The static profile records its Japanese Yen peg mechanism as: CDP-backed Mento FX stablecoin: borrowers mint JPYm against USDm collateral, while repayment/redemption mechanics and oracle pricing route value back through the Mento system
Is JPYm safe?
JPYm holds a B Safety Score grade (70/100) in Pharos's latest published rating — a safe-tier grade, so Pharos assesses it as overall safe, though no stablecoin is entirely risk-free. Static metadata says Mento Japanese Yen 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 Japanese Yen (JPYm) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg Japanese Yen.
AI summary / Updated Sep 7, 2026
JPYm is a small but active yen stablecoin on Celo, backed by USDm collateral in Mento CDP troves, with the Mento reserve API exposing live CDP collateral. Supply and price now flow through DefiLlama, and the Mento API keeps reserve visibility aligned with GBPm and CHFm. Economic control is the weakest pillar on the card: a 4-of-6 Mento Safe can authorize minters and replace the Celo token implementation without delay. JPYm is tracked for strategic non-USD coverage, with liquidity and oracle dependency as the main...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- Mento CDP debt backed by USDm collateral, with live collateral and debt rows exposed by the Mento reserve dashboard API
- Peg Mechanism
- CDP-backed Mento FX stablecoin: borrowers mint JPYm against USDm collateral, while repayment/redemption mechanics and oracle pricing route value back through the Mento system
- 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 jpym-mento
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.
JPYm quick answers
What is Mento Japanese Yen (JPYm)?
JPYm is Mento's CDP-backed yen stablecoin, minted against USDm collateral via the Mento FX system on Celo with on-chain reserve and oracle pricing. The static profile records its Japanese Yen peg mechanism as: CDP-backed Mento FX stablecoin: borrowers mint JPYm against USDm collateral, while repayment/redemption mechanics and oracle pricing route value back through the Mento system
Is JPYm safe?
JPYm holds a B Safety Score grade (70/100) in Pharos's latest published rating — a safe-tier grade, so Pharos assesses it as overall safe, though no stablecoin is entirely risk-free. Static metadata says Mento Japanese Yen 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 JPYm?
Pharos classifies JPYm backing as Crypto-Collateralized. Collateral, per the static profile: Mento CDP debt backed by USDm collateral, with live collateral and debt rows exposed by the Mento reserve dashboard API Reserve evidence: Real-Time PoR from Mento Reserve dashboard.
Can JPYm 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 JPYm, when applicable, appear in the dossier below.
