XO Cash (XO) stablecoin analytics
XO is MoonPay's MTL-licensed dollar token on Solana, issued via M0 Protocol with USD deposits and short-term Treasury bills held in bankruptcy-remote SPVs.
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 May 15, 2026
MoonPay mints, M0 wraps, Exodus distributes — a Treasury-backed Solana token whose yield accrues to issuers and whose authorities live on a single MoonPay key. When a self-custody wallet best known for letting users hold their own keys decides to mint its own dollar, the result...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Fully reserved 1:1 by U.S. dollar deposits and short-term U.S. Treasury bills held for the benefit of token holders via M0 Protocol's bankruptcy-remote SPV structure; reserves issued and managed by MoonPay under U.S. Money Transmitter Licenses; native M0 yield is retained by MoonPay/Exodus rather than passed through to XO holders
- Peg Mechanism
- 1:1 fiat-backed mint and redemption operated by MoonPay via M0 Protocol infrastructure on Solana; collateral cryptographically attested on-chain by independent M0 Validators before minting; consumer access is gated through the Exodus self-custodial wallet and Exodus Pay app, with on/off ramps via MoonPay's payment rails (cards, Apple/Google Pay, PayPal); 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
- Real-Time PoR by M0 Protocol Reserve source
- Contracts
- 1 deployment tracked across Solana.
Snippet Answer
Is XO safe?
Pharos does not mark XO as absolutely safe. Static metadata says XO Cash uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Real-Time PoR from M0 Protocol; 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 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 May 15, 2026.
XO quick answers
What is XO Cash (XO)?
XO is MoonPay's MTL-licensed dollar token on Solana, issued via M0 Protocol with USD deposits and short-term Treasury bills held in bankruptcy-remote SPVs. The static profile records its US Dollar peg mechanism as: 1:1 fiat-backed mint and redemption operated by MoonPay via M0 Protocol infrastructure on Solana; collateral cryptographically attested on-chain by independent M0 Validators before minting; consumer access is gated through the Exodus...
What backs XO?
Pharos classifies XO backing as Real-World Asset Backed. Collateral, per the static profile: Fully reserved 1:1 by U.S. dollar deposits and short-term U.S. Treasury bills held for the benefit of token holders via M0 Protocol's bankruptcy-remote SPV structure; reserves issued and managed by MoonPay under U.S. Money Transmitter... Reserve evidence: Real-Time PoR from M0 Protocol.
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.