Backed GOVIES 0-6 months EURO investment grade (bC3M) stablecoin analytics
bC3M is Backed's NAV-accreting tracker token for Amundi's short-dated Eurozone government bond UCITS ETF, KYC-gated and registered under Swiss DLT Act.
Static Profile
Static stablecoin profile
Backed GOVIES 0-6 months EURO investment grade (bC3M) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Euro.
AI summary / Updated May 15, 2026
bC3M is Backed's NAV-accreting tracker token for Amundi's short-dated Eurozone government bond UCITS ETF, KYC-gated and registered under Swiss DLT Act — one of the few EUR-pegged RWA tokens. bC3M is Backed Finance's EUR-denominated tokenised tracker certificate fully backed by...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Tracker certificate fully backed by the AMUNDI ETF GOVIES 0-6 MONTHS EUROMTS INVESTMENT GRADE UCITS ETF, held in segregated custody and administered by Backed Assets (Jersey) Limited under Swiss DLT Act framework
- Peg Mechanism
- EUR-denominated NAV-accreting tracker token (not pegged to €1); price reflects the underlying short-term Eurozone government bond ETF NAV with continuous yield accrual; KYC-gated 1:1 primary mint and redemption via Backed; secondary liquidity on Uniswap and CoW Protocol
- Jurisdiction
- Switzerland / FINMA / Swiss DLT Act registered uncertificated securities
- Proof Of Reserves
- Self-Reported PoR by Backed Finance (monthly attestations and on-chain reserve dashboard) Reserve source
Snippet Answer
Is bC3M safe?
Pharos does not mark bC3M as absolutely safe. Static metadata says Backed GOVIES 0-6 months EURO investment grade uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Self-Reported PoR from Backed Finance (monthly attestations and on-chain 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.
Next Actions
Exact bot target: /subscribe dews,depeg,safety bc3m-backed
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 May 15, 2026.
bC3M quick answers
What is Backed GOVIES 0-6 months EURO investment grade (bC3M)?
bC3M is Backed's NAV-accreting tracker token for Amundi's short-dated Eurozone government bond UCITS ETF, KYC-gated and registered under Swiss DLT Act. The static profile records its Euro peg mechanism as: EUR-denominated NAV-accreting tracker token (not pegged to €1); price reflects the underlying short-term Eurozone government bond ETF NAV with continuous yield accrual; KYC-gated 1:1 primary mint and redemption via Backed; secondary...
What backs bC3M?
Pharos classifies bC3M backing as Real-World Asset Backed. Collateral, per the static profile: Tracker certificate fully backed by the AMUNDI ETF GOVIES 0-6 MONTHS EUROMTS INVESTMENT GRADE UCITS ETF, held in segregated custody and administered by Backed Assets (Jersey) Limited under Swiss DLT Act framework Reserve evidence: Self-Reported PoR from Backed Finance (monthly attestations and on-chain reserve dashboard).
Can bC3M 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 bC3M, when applicable, appear in the dossier below.