WEMIX Dollar (WEMIX$) stablecoin analytics
Answer First
What is WEMIX Dollar (WEMIX$)?
WEMIX Dollar is the WEMIX ecosystem's centralized dollar token, backed 100% by USDC held in the WEMIX3.0 Treasury on the non-EVM-indexed WEMIX chain. The static profile records its US Dollar peg mechanism as: Issuer-managed mint and redemption system using WEMIX$ Treasury USDC collateral and DIOS stabilization to keep WEMIX$ near one U.S. dollar.
Is WEMIX$ safe?
WEMIX Dollar is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a Centralized (CeFi) governance model, Real-World Asset Backed backing, curated reserve profile, and notes that issuer or admin freeze controls are recorded.
Static Profile
Static stablecoin profile
WEMIX Dollar (WEMIX$) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Aug 11, 2026
WEMIX Dollar has completed the arc its replacement plan wrote for it: the Foundation moved the ecosystem's dollar activity to bridged USDC.e, withdrew its liquidity from WEMIX$ pools, and ended swap support across WEMIX.Fi and WEMIX PLAY in April 2026, and Pharos formally froze the listing on 2026-07-11 as a confirmed wind-down. What remains is an orderly wind-down rather than a collapse. Holders kept a conversion route through the WEMIX$ Module and a longer claim window for discontinued pools, which is more exit...
AI summary · drafted by claude-fable-5 · facts as of Aug 11, 2026
- Collateral
- 100% USDC backing held in the WEMIX3.0 Treasury; the DIOS stabilizer (Treasury-In/Treasury-Out protocols) maintains the 1:1 USDC peg.
- Peg Mechanism
- Issuer-managed mint and redemption system using WEMIX$ Treasury USDC collateral and DIOS stabilization to keep WEMIX$ near one U.S. dollar.
- Jurisdiction
- Singapore
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- No contract deployments are listed 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.
WEMIX$ quick answers
What is WEMIX Dollar (WEMIX$)?
WEMIX Dollar is the WEMIX ecosystem's centralized dollar token, backed 100% by USDC held in the WEMIX3.0 Treasury on the non-EVM-indexed WEMIX chain. The static profile records its US Dollar peg mechanism as: Issuer-managed mint and redemption system using WEMIX$ Treasury USDC collateral and DIOS stabilization to keep WEMIX$ near one U.S. dollar.
Is WEMIX$ safe?
WEMIX Dollar is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a Centralized (CeFi) governance model, Real-World Asset Backed backing, curated reserve profile, and notes that issuer or admin freeze controls are recorded.
What backs WEMIX$?
Pharos classifies WEMIX$ backing as Real-World Asset Backed. Collateral, per the static profile: 100% USDC backing held in the WEMIX3.0 Treasury; the DIOS stabilizer (Treasury-In/Treasury-Out protocols) maintains the 1:1 USDC peg. Reserve evidence: curated reserve profile.
Can WEMIX$ be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. WEMIX$ is a frozen Pharos archive; the recorded history below is read-only.