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PHAROSlive stablecoin signals

Metal Dollar (XMD) stablecoin analytics

XMD is Metallicus's basket-backed dollar token on XPR Network, reserved by USDC, PYUSD, and Paxos-dollar stablecoins managed by the issuer.

Static Profile

Static stablecoin profile

Metal Dollar (XMD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.

AI summary / Updated May 15, 2026

Metallicus's basket dollar wraps USDC, PYUSD, and Paxos-dollar exposure on XPR Network — convenient as an index, hard to verify outside CoinGecko. Metal Dollar is a basket-backed dollar token on XPR Network, with public materials pointing to USDC, PYUSD, and Paxos-dollar...

AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026

Collateral
Reserve basket of dollar stablecoins used by Metal Dollar, including USDC, PYUSD, and Paxos-dollar components such as USDP / XPAX
Peg Mechanism
Basket-backed stablecoin index on XPR Network, with mint and redeem flows intended to keep XMD near one U.S. dollar against the underlying stablecoin basket
Jurisdiction
United States
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 XMD safe?

Pharos does not mark XMD as absolutely safe. Static metadata says Metal Dollar uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with curated reserve profile; the main caveat is that freeze or administrative control exposure is possible but not fully confirmed. 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 xmd-metal-dollar

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.

XMD quick answers

What is Metal Dollar (XMD)?

XMD is Metallicus's basket-backed dollar token on XPR Network, reserved by USDC, PYUSD, and Paxos-dollar stablecoins managed by the issuer. The static profile records its US Dollar peg mechanism as: Basket-backed stablecoin index on XPR Network, with mint and redeem flows intended to keep XMD near one U.S. dollar against the underlying stablecoin basket

What backs XMD?

Pharos classifies XMD backing as Crypto-Collateralized. Collateral, per the static profile: Reserve basket of dollar stablecoins used by Metal Dollar, including USDC, PYUSD, and Paxos-dollar components such as USDP / XPAX Reserve evidence: curated reserve profile.

Can XMD be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, freeze or administrative control exposure is possible but not fully confirmed. Live freeze and blacklist events for XMD, when applicable, appear in the dossier below.