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Pharos
PHAROSlive stablecoin signals

M0 Infrastructure Stablecoins

M0 stablecoins are built on the M0 issuance platform: minter governance, the SwapFacility, and the MExtension.sol contract pattern. Each issuer sets its own reserve composition, which may or may not include the underlying $M token. The shared infrastructure correlates governance and smart-contract risk across the cohort.

Stablecoin Directory

Browse the current 10 tracked stablecoins in this taxonomy before opening the live table.

M by M0 (M)MetaMask USD (MUSD)Noble Dollar (USDN)Startale USD (USDSC)Citrea USD (ctUSD)Wrapped M (wM)Nerona USD (USDnr)Saturn USDat (USDat)KAST Dollar (USDK)XO Cash (XO)

Source: checked-in StablecoinMeta profile fields in the current Pharos build. Counts and cohort membership are static directory context; use the live table below for current market, coverage, and risk data.

How To Use This Directory

Treat the M0 cohort as a starting filter, then verify the live risk surfaces that move fastest: coverage, peg history, liquidity, reserves, and dependency exposure.

All stablecoinsReturn to the full active stablecoin directory.Coverage matrixCheck which Pharos surfaces are available per asset.Safety ScoresCompare risk grades and dependency exposure.DEX liquidityReview exit depth and venue concentration.

More Stablecoin Hubs

Move laterally into related taxonomy pages without going back to the homepage.

CeFi Stablecoins180 tracked coinsCeFi-Dependent Stablecoins164 tracked coinsDeFi Stablecoins25 tracked coinsRWA-Backed Stablecoins213 tracked coinsCrypto-Backed Stablecoins156 tracked coinsLiquity v2 Infrastructure Stablecoins21 tracked coins

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