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Pharos

WEMIX Dollar (WEMIX$) frozen stablecoin archive

WEMIX Dollar is the WEMIX ecosystem's centralized dollar token, backed 100% by USDC held in the WEMIX3.0 Treasury on the non-EVM-indexed WEMIX chain.

Static Profile

Static stablecoin profile

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

AI summary / Updated Jun 12, 2026

WEMIX Dollar is the WEMIX ecosystem's native dollar token, now mostly interesting as a case study in ecosystem stablecoins that never escaped their home chain. Pharos admits it through CoinGecko, but the primary WEMIX chain is outside the supported contract universe, so there...

AI summary · drafted by gpt-5-codex · reviewed by Codex data review on Jun 12, 2026 · facts as of Jun 12, 2026

Collateral
100% USDC backing held in the WEMIX3.0 Treasury; the DIOS stabilizer (Treasury-In/Treasury-Out protocols) maintains the 1:1 USDC peg.
Peg Mechanism
Issuer-managed mint and redemption system using WEMIX$ Treasury USDC collateral and DIOS stabilization to keep WEMIX$ near one U.S. dollar.
Jurisdiction
Singapore
Proof Of Reserves
No proof-of-reserves entry in the static profile.
Contracts
No contract deployments are listed in the static profile.

Snippet Answer

Is WEMIX$ safe?

WEMIX Dollar is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a Centralized (CeFi) governance model, Real-World Asset Backed backing, curated reserve profile, and notes that issuer or admin freeze controls are recorded.

Next Actions

This record preserves static and historical context; live actions are available only for active assets.

Source: checked-in StablecoinMeta profile fields. This inactive record does not participate in current live monitoring; the summary above was last updated Jun 12, 2026.

WEMIX$ quick answers

What is WEMIX Dollar (WEMIX$)?

WEMIX Dollar is the WEMIX ecosystem's centralized dollar token, backed 100% by USDC held in the WEMIX3.0 Treasury on the non-EVM-indexed WEMIX chain. The static profile records its US Dollar peg mechanism as: Issuer-managed mint and redemption system using WEMIX$ Treasury USDC collateral and DIOS stabilization to keep WEMIX$ near one U.S. dollar.

Is WEMIX$ safe?

WEMIX Dollar is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a Centralized (CeFi) governance model, Real-World Asset Backed backing, curated reserve profile, and notes that issuer or admin freeze controls are recorded.

What backs WEMIX$?

Pharos classifies WEMIX$ backing as Real-World Asset Backed. Collateral, per the static profile: 100% USDC backing held in the WEMIX3.0 Treasury; the DIOS stabilizer (Treasury-In/Treasury-Out protocols) maintains the 1:1 USDC peg. Reserve evidence: curated reserve profile.

Can WEMIX$ be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. WEMIX$ is a frozen Pharos archive; the recorded history below is read-only.