Mento Dollar (USDm) stablecoin analytics
USDm is Mento's oracle-priced dollar stablecoin on Celo (formerly cUSD), backed by a diversified crypto and stablecoin reserve at roughly 1.36x collateral.
Static Profile
Static stablecoin profile
Mento Dollar (USDm) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Jun 3, 2026
USDm is Mento's oracle-priced USD stablecoin on Celo, mostly backed by other stablecoins with a CELO wildcard. Mento Dollar (USDm, formerly cUSD) is an exercise in recursive stablecoin nesting: the reserve leans on sUSDS (~44%), with USDC, USDT, and EURC slices on top, meaning...
AI summary · drafted by claude-opus-4-8 · reviewed by @TokenBrice on Jun 3, 2026 · facts as of Jun 3, 2026
- Collateral
- Mento reserve holding sUSDS (~44%), CELO (~14%), USDC (~13%), USDT (~10%), EURC (~10%), plus smaller positions in axlEUROC, stETH, axlUSDC, and AUSD; overcollateralized at ~1.25×
- Peg Mechanism
- Mento V3 reserve-backed model: users mint and redeem USDm against reserve assets through Mento rails, with oracle pricing, circuit breakers, and reserve governance replacing the old CDP framing.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Real-Time PoR by Mento Reserve dashboard Reserve source
Snippet Answer
Is USDm safe?
Pharos does not mark USDm as absolutely safe. Static metadata says Mento Dollar 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 cusd-celo
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 Jun 3, 2026.
USDm quick answers
What is Mento Dollar (USDm)?
USDm is Mento's oracle-priced dollar stablecoin on Celo (formerly cUSD), backed by a diversified crypto and stablecoin reserve at roughly 1.36x collateral. The static profile records its US Dollar peg mechanism as: Mento V3 reserve-backed model: users mint and redeem USDm against reserve assets through Mento rails, with oracle pricing, circuit breakers, and reserve governance replacing the old CDP framing.
What backs USDm?
Pharos classifies USDm backing as Crypto-Collateralized. Collateral, per the static profile: Mento reserve holding sUSDS (~44%), CELO (~14%), USDC (~13%), USDT (~10%), EURC (~10%), plus smaller positions in axlEUROC, stETH, axlUSDC, and AUSD; overcollateralized at ~1.25× Reserve evidence: Real-Time PoR from Mento Reserve dashboard.
Can USDm 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 USDm, when applicable, appear in the dossier below.