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PHAROSlive stablecoin signals

MetaMask USD (MUSD) stablecoin analytics

MetaMask USD is a Bridge-issued (Stripe) dollar stablecoin on M0 protocol, backed by short-dated U.S. T-bills and cash with on-chain Validator attestations.

Static Profile

Static stablecoin profile

MetaMask USD (MUSD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.

AI summary / Updated Jun 3, 2026

MetaMask mUSD is what happens when a wallet with tens of millions of users decides to vertically integrate — issued by Stripe's Bridge on M0 protocol rails, with 85% in T-bills and 15% in bankruptcy-remote cash verified by real-time on-chain validator attestations. The B-...

AI summary · drafted by claude-opus-4-8 · reviewed by @TokenBrice on Jun 3, 2026 · facts as of Jun 3, 2026

Collateral
Cash and short-term U.S. Treasury securities held in bankruptcy-remote custody, issued by Bridge (a Stripe company) using the M0 protocol
Peg Mechanism
1:1 mint and redemption via Bridge using M0 protocol infrastructure; reserves continuously validated on-chain by independent validators; arbitrage corrects price drift; monthly public attestations
Jurisdiction
United States
Proof Of Reserves
Real-Time PoR by M0 Protocol Reserve source
Contracts
3 deployments tracked across Ethereum, Linea, and Monad.

Snippet Answer

Is MUSD safe?

Pharos does not mark MUSD as absolutely safe. Static metadata says MetaMask USD uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Real-Time PoR from M0 Protocol; 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 musd-metamask

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.

MUSD quick answers

What is MetaMask USD (MUSD)?

MetaMask USD is a Bridge-issued (Stripe) dollar stablecoin on M0 protocol, backed by short-dated U.S. T-bills and cash with on-chain Validator attestations. The static profile records its US Dollar peg mechanism as: 1:1 mint and redemption via Bridge using M0 protocol infrastructure; reserves continuously validated on-chain by independent validators; arbitrage corrects price drift; monthly public attestations

What backs MUSD?

Pharos classifies MUSD backing as Real-World Asset Backed. Collateral, per the static profile: Cash and short-term U.S. Treasury securities held in bankruptcy-remote custody, issued by Bridge (a Stripe company) using the M0 protocol Reserve evidence: Real-Time PoR from M0 Protocol.

Can MUSD 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 MUSD, when applicable, appear in the dossier below.