Moneta (USDM) stablecoin analytics
Answer First
What is Moneta (USDM)?
USDM is Moneta's dollar stablecoin on Cardano, issued through U.S. and EEA routes with NBX EMI-license and MiCA-pending framing. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Moneta (USA) or NBX (EEA); KYC required; Charli3 oracle verifies reserve backing on-chain before each mint on Cardano
Is USDM safe?
Pharos does not assess USDM as safe: it holds an F Safety Score grade (30/100) in the latest published rating, which flags significant structural risk. Static metadata says Moneta uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Real-Time PoR from Charli3 daily reserve verification feed (attribution confirmed via docs, but the portal.charli3.io endpoint rejects non-browser TLS handshakes on repeated checks and the only archive capture is a 2024 unrendered shell - statically unverifiable); the main caveat is that no direct freeze-control signal is recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Moneta (USDM) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Sep 7, 2026
Moneta's USDM is the dashboard's cleanest example of pristine reserves failing to create a usable peg. The backing is regulator-friendly: roughly 80% money-market funds run by Fidelity, Western Asset Management, and Amundi, 20% USD bank deposits, an e-money licence in Norway with MiCA EMT authorization still pending, and a Charli3 oracle attestation before each Cardano mint. The problem is brutally simple: with no meaningful observable DEX liquidity, there are no arbitrageurs to enforce the peg, so the price...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- USD bank deposits and money market funds managed by Fidelity and Western Asset Management (Moneta/USA issuance) and Sparebanken Norge / Amundi USD MM fund (NBX/EEA issuance), held in segregated reserve accounts
- Peg Mechanism
- Direct 1:1 redemption through Moneta (USA) or NBX (EEA); KYC required; Charli3 oracle verifies reserve backing on-chain before each mint on Cardano
- Jurisdiction
- United States / Norway / FinCEN / Finanstilsynet / FinCEN MSB #31000327040139 / E-money institution; MiCA EMT authorization pending
- Proof Of Reserves
- Real-Time PoR by Charli3 daily reserve verification feed (attribution confirmed via docs, but the portal.charli3.io endpoint rejects non-browser TLS handshakes on repeated checks and the only archive capture is a 2024 unrendered shell - statically unverifiable) Reserve source
- Contracts
- 1 deployment tracked across Cardano.
Next Actions
Exact bot target: /subscribe dews,depeg,safety usdm-moneta
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.
USDM quick answers
What is Moneta (USDM)?
USDM is Moneta's dollar stablecoin on Cardano, issued through U.S. and EEA routes with NBX EMI-license and MiCA-pending framing. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Moneta (USA) or NBX (EEA); KYC required; Charli3 oracle verifies reserve backing on-chain before each mint on Cardano
Is USDM safe?
Pharos does not assess USDM as safe: it holds an F Safety Score grade (30/100) in the latest published rating, which flags significant structural risk. Static metadata says Moneta uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Real-Time PoR from Charli3 daily reserve verification feed (attribution confirmed via docs, but the portal.charli3.io endpoint rejects non-browser TLS handshakes on repeated checks and the only archive capture is a 2024 unrendered shell - statically unverifiable); the main caveat is that no direct freeze-control signal is recorded. 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 Real-World Asset Backed. Collateral, per the static profile: USD bank deposits and money market funds managed by Fidelity and Western Asset Management (Moneta/USA issuance) and Sparebanken Norge / Amundi USD MM fund (NBX/EEA issuance), held in segregated reserve accounts Reserve evidence: Real-Time PoR from Charli3 daily reserve verification feed (attribution confirmed via docs, but the portal.charli3.io endpoint rejects non-browser TLS handshakes on repeated checks and the only archive capture is a 2024 unrendered shell - statically unverifiable).
Can USDM be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, no direct freeze-control signal is recorded. Live freeze and blacklist events for USDM, when applicable, appear in the dossier below.
