XO Cash (XO) stablecoin analytics
Answer First
What is XO Cash (XO)?
XO is MoonPay's Solana dollar token, issued through M0 infrastructure and backed by segregated U.S. dollars and other high-quality liquid assets. The static profile records its US Dollar peg mechanism as: 1:1 fiat-backed mint and redemption operated by MoonPay using M0 infrastructure on Solana; consumer access is provided through the Exodus self-custodial wallet and Exodus Pay app, with on/off ramps via MoonPay's payment rails; the Solana SPL Token-2022 mint includes pausable, permanent-delegate, and transfer-hook controls held by MoonPay
Is XO safe?
Pharos does not assess XO as safe: it holds a D Safety Score grade (47/100) in the latest published rating, which flags significant structural risk. Static metadata says XO Cash uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with live reserve feed configured; 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.
Static Profile
Static stablecoin profile
XO Cash (XO) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Sep 7, 2026
XO Cash is a MoonPay-issued dollar token on Solana, built as an M0 extension and distributed through the Exodus self-custody wallet and Exodus Pay. Every XO is backed by M held in the extension's vault, verified on-chain in September 2026 at just over full coverage, and M in turn is backed by short-term U.S. Treasury bills held in bankruptcy-remote SPVs by M0's permissioned minters.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: Exodus, MoonPay and M0 unveil a new digital dollar (press release), M0 Dashboard: XO Cash powered by M0, and MoonPay stablecoin terms
- Collateral
- Fully reserved 1:1 by U.S. dollars and other high-quality liquid USD-denominated assets held in segregated accounts for stablecoin holders; MoonPay's terms allow depository institutions, qualified custodians, and secure virtual-currency wallets but do not publish XO's current asset allocation
- Peg Mechanism
- 1:1 fiat-backed mint and redemption operated by MoonPay using M0 infrastructure on Solana; consumer access is provided through the Exodus self-custodial wallet and Exodus Pay app, with on/off ramps via MoonPay's payment rails; the Solana SPL Token-2022 mint includes pausable, permanent-delegate, and transfer-hook controls held by MoonPay
- Jurisdiction
- United States / FinCEN / NYDFS / state money transmitter regulators / MoonPay Money Transmitter Licenses (49 states), New York BitLicense, New York Trust Charter
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Solana.
Next Actions
Exact bot target: /subscribe dews,depeg,safety xo-exodus
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.
XO quick answers
What is XO Cash (XO)?
XO is MoonPay's Solana dollar token, issued through M0 infrastructure and backed by segregated U.S. dollars and other high-quality liquid assets. The static profile records its US Dollar peg mechanism as: 1:1 fiat-backed mint and redemption operated by MoonPay using M0 infrastructure on Solana; consumer access is provided through the Exodus self-custodial wallet and Exodus Pay app, with on/off ramps via MoonPay's payment rails; the Solana SPL Token-2022 mint includes pausable, permanent-delegate, and transfer-hook controls held by MoonPay
Is XO safe?
Pharos does not assess XO as safe: it holds a D Safety Score grade (47/100) in the latest published rating, which flags significant structural risk. Static metadata says XO Cash uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with live reserve feed configured; 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.
What backs XO?
Pharos classifies XO backing as Real-World Asset Backed. Collateral, per the static profile: Fully reserved 1:1 by U.S. dollars and other high-quality liquid USD-denominated assets held in segregated accounts for stablecoin holders; MoonPay's terms allow depository institutions, qualified custodians, and secure virtual-currency wallets but do not publish XO's current asset allocation Reserve evidence: live reserve feed configured.
Can XO 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 XO, when applicable, appear in the dossier below.
