Moneta (USDM) stablecoin analytics
Answer First
What is Moneta (USDM)?
USDM is a Cardano dollar token issued independently by Moneta and NBX, with separate reserve books and issuer-attributed redemption obligations. The static profile records its US Dollar peg mechanism as: Par USD redemption against the responsible issuer, subject to KYC and issuer-attribution checks.
Is USDM safe?
Pharos does not assess USDM as safe: it holds an F Safety Score grade (31/100) in the latest published rating, which flags significant structural risk. Static metadata says Moneta uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Real-Time PoR from Charli3 daily reserve verification feed (attribution confirmed via docs, but the portal.charli3.io endpoint rejects non-browser TLS handshakes on repeated checks and the only archive capture is a 2024 unrendered shell - statically unverifiable); 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.
Static Profile
Static stablecoin profile
Moneta (USDM) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Sep 7, 2026
Moneta's USDM is the dashboard's cleanest example of pristine reserves failing to create a usable peg. The backing is regulator-friendly: roughly 80% money-market funds run by Fidelity, Western Asset Management, and Amundi, 20% USD bank deposits, an e-money licence in Norway with MiCA EMT authorization still pending, and a Charli3 oracle attestation before each Cardano mint.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- Separate USD reserve books: Moneta bank deposits and money market funds managed by Fidelity and Western Asset Management; NBX deposits at Sparebanken Norge and Amundi USD money market funds. Neither issuer's reserve backs the other's issuance.
- Peg Mechanism
- Par USD redemption against the responsible issuer, subject to KYC and issuer-attribution checks. NBX redeems its own attributable issuance from its separate reserve; Moneta-attributable USDM presented to NBX is redeemable only from settled Moneta funds already received. Mixed or unresolved attribution can delay processing. An independent reserve-verification oracle gates minting on Cardano; the latest NBX whitepaper does not name the current provider.
- Jurisdiction
- United States / Norway / FinCEN / Finanstilsynet / FinCEN MSB #31000327040139 / E-money institution; MiCA EMT authorization pending
- Proof Of Reserves
- Real-Time PoR by Charli3 daily reserve verification feed (attribution confirmed via docs, but the portal.charli3.io endpoint rejects non-browser TLS handshakes on repeated checks and the only archive capture is a 2024 unrendered shell - statically unverifiable) Reserve source
- Contracts
- 1 deployment tracked across Cardano.
Next Actions
Exact bot target: /subscribe dews,depeg,safety usdm-moneta
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 Sep 7, 2026.
USDM quick answers
What is Moneta (USDM)?
USDM is a Cardano dollar token issued independently by Moneta and NBX, with separate reserve books and issuer-attributed redemption obligations. The static profile records its US Dollar peg mechanism as: Par USD redemption against the responsible issuer, subject to KYC and issuer-attribution checks.
Is USDM safe?
Pharos does not assess USDM as safe: it holds an F Safety Score grade (31/100) in the latest published rating, which flags significant structural risk. Static metadata says Moneta uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Real-Time PoR from Charli3 daily reserve verification feed (attribution confirmed via docs, but the portal.charli3.io endpoint rejects non-browser TLS handshakes on repeated checks and the only archive capture is a 2024 unrendered shell - statically unverifiable); 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.
What backs USDM?
Pharos classifies USDM backing as Real-World Asset Backed. Collateral, per the static profile: Separate USD reserve books: Moneta bank deposits and money market funds managed by Fidelity and Western Asset Management; NBX deposits at Sparebanken Norge and Amundi USD money market funds. Reserve evidence: Real-Time PoR from Charli3 daily reserve verification feed (attribution confirmed via docs, but the portal.charli3.io endpoint rejects non-browser TLS handshakes on repeated checks and the only archive capture is a 2024 unrendered shell - statically unverifiable).
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.
