Mento Brazilian Real (BRLm) stablecoin analytics
BRLm is Mento's Brazilian real stablecoin on Celo, minted CDP-style against USDm collateral (Mento V3, a Liquity v2 fork).
Static Profile
Static stablecoin profile
Mento Brazilian Real (BRLm) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg Brazilian Real.
AI summary / Updated May 15, 2026
BRLm is Mento's oracle-priced Brazilian real on Celo, exchanged through FPMM swap routes against the diversified overcollateralized Mento reserve mix. BRLm expands Mento coverage into Brazilian real-denominated settlement on Celo. Unlike the existing Mento CDP rows, this entry...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Mento V3 Liquity-v2-style CDPs collateralized by USDm; USDm in turn is backed by the diversified Mento Reserve mix (sUSDS, CELO, EURC, USDC, USDT, axlEUROC, stETH, and smaller positions exposed via the Mento reserve dashboard).
- Peg Mechanism
- Mento V3 oracle-priced FX stablecoin minted by depositing USDm as CDP collateral and borrowing BRLm against it; user-set interest rates, Stability Pool liquidations, and Liquity-style redemptions support the BRLm peg, with circuit breakers and Mento reserve transparency on the upstream USDm leg.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Real-Time PoR by Mento Reserve dashboard Reserve source
- Contracts
- 1 deployment tracked across Celo.
Snippet Answer
Is BRLm safe?
Pharos does not mark BRLm as absolutely safe. Static metadata says Mento Brazilian Real uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Real-Time PoR from Mento Reserve dashboard; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. 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 brlm-mento
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.
BRLm quick answers
What is Mento Brazilian Real (BRLm)?
BRLm is Mento's Brazilian real stablecoin on Celo, minted CDP-style against USDm collateral (Mento V3, a Liquity v2 fork). The static profile records its Brazilian Real peg mechanism as: Mento V3 oracle-priced FX stablecoin minted by depositing USDm as CDP collateral and borrowing BRLm against it; user-set interest rates, Stability Pool liquidations, and Liquity-style redemptions support the BRLm peg, with circuit...
What backs BRLm?
Pharos classifies BRLm backing as Crypto-Collateralized. Collateral, per the static profile: Mento V3 Liquity-v2-style CDPs collateralized by USDm; USDm in turn is backed by the diversified Mento Reserve mix (sUSDS, CELO, EURC, USDC, USDT, axlEUROC, stETH, and smaller positions exposed via the Mento reserve dashboard). Reserve evidence: Real-Time PoR from Mento Reserve dashboard.
Can BRLm be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for BRLm, when applicable, appear in the dossier below.