pmUSD (pmUSD) stablecoin analytics
pmUSD is RAAC's f(x)-fork dollar fToken minted against TokenBlender/ION.au gold collateral; xPM absorbs volatility and sUSDS-based PSM defends the peg.
Static Profile
Static stablecoin profile
pmUSD (pmUSD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated May 15, 2026
Gold-backed supply paired with a sUSDS-funded PSM means pmUSD's peg defense depends on Sky Protocol staying healthy — a meaningful external dependency. pmUSD's structural design now runs on two incompatible logics: supply is backed by gold via RAAC's RWf(x) fork and ION.au...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- TokenBlender (TB) base token held on-chain in RAAC's RWf(x) Treasury; TB is minted against I-ON Digital's ION.au token held in the TokenBlender contract, and ION.au represents a gold-backed digital security and in-situ gold claim
- Peg Mechanism
- RWf(x), an f(x) protocol fork, mints pmUSD as the fToken against TB / ION.au-linked collateral; xPM absorbs collateral-price volatility while pmUSD is configured for stable fNAV; minting and system operations are manager-only through authorized silo multisigs. PSM (Peg Stability Module) is the primary peg defense tool: arbitrageurs swap pmUSD → sUSDS at $1 face value when pmUSD trades at a discount on-chain; swaps are one-directional and pause if the sUSDS reserve falls below 20% of PSM assets
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Real-Time PoR by Chainlink Proof of Reserve / Instruxi Reserve source
- Contracts
- 1 deployment tracked across Ethereum.
Snippet Answer
Is pmUSD safe?
Pharos does not mark pmUSD as absolutely safe. Static metadata says pmUSD uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Real-Time PoR from Chainlink Proof of Reserve / Instruxi; 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 pmusd-precious-metals
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.
pmUSD quick answers
What is pmUSD (pmUSD)?
pmUSD is RAAC's f(x)-fork dollar fToken minted against TokenBlender/ION.au gold collateral; xPM absorbs volatility and sUSDS-based PSM defends the peg. The static profile records its US Dollar peg mechanism as: RWf(x), an f(x) protocol fork, mints pmUSD as the fToken against TB / ION.au-linked collateral; xPM absorbs collateral-price volatility while pmUSD is configured for stable fNAV; minting and system operations are manager-only through...
What backs pmUSD?
Pharos classifies pmUSD backing as Real-World Asset Backed. Collateral, per the static profile: TokenBlender (TB) base token held on-chain in RAAC's RWf(x) Treasury; TB is minted against I-ON Digital's ION.au token held in the TokenBlender contract, and ION.au represents a gold-backed digital security and in-situ gold claim Reserve evidence: Real-Time PoR from Chainlink Proof of Reserve / Instruxi.
Can pmUSD 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 pmUSD, when applicable, appear in the dossier below.