Profile
M profile facts
M by M0 (M) static profile: governance model CeFi-Dependent; backing model Real-World Asset Backed; peg US Dollar.
- Collateral
- Eligible cash, Treasury, and token collateral reported by M0's protocol API; static category, token, and minter weights remain unresolved and are supplied dynamically by the configured live-reserve adapter
- Peg mechanism
- Permissioned Minters pledge eligible collateral; Validators attest collateral sufficiency before on-chain minting, while POWER token holders govern eligible collateral and Minter/Validator permissions
- Jurisdiction
- Switzerland
- Proof of reserves
- Real-Time PoR by M0 Protocol (on-chain Validator attestations) Reserve source
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
M quick answers
5
What is M by M0 (M)?
M is M0's institutional dollar stablecoin, minted by permissioned Minters against eligible collateral with on-chain Validator attestations. The static profile records its US Dollar peg mechanism as: Permissioned Minters pledge eligible collateral; Validators attest collateral sufficiency before on-chain minting, while POWER token holders govern eligible collateral and Minter/Validator permissions.
Is M safe?
As of Oct 24, 2026, Pharos grades M C (56/100) on its Safety Score. Pharos's reviews record that freeze exposure is inherited through upstream collateral, custody or wrappers, and direct redemption is limited to customers the issuer has verified. That is a middle-band grade: it meets baseline expectations but carries meaningful weaknesses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs M?
Pharos records M's reserves as of Sep 17, 2026 as 100% U.S. Treasury bills & cash (M0 eligible collateral). Reserve evidence: Real-Time PoR by M0 Protocol (on-chain Validator attestations). Pharos classifies the backing as Real-World Asset Backed.
Can M be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies.
How do you redeem M?
Under the route Pharos reviewed on Mar 23, 2026, customers the issuer has verified can redeem M for a single stable asset, such as cash or a stablecoin. Settlement is same-day. 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.
