The Digital Dollar Building Block for Developers

Safe

$M is a hyper-transparent, over-collateralized digital dollar building block, backed by the safest reserve basket, with no direct dependency on the US banking system. $M reserves are continuously validated by a distributed set of independent entities.

Programmable

Developers can extend $M into their own digital dollar, and customize any number of features. For instance, yield distribution logic can be tailored to meet the needs of particular use cases or custody architectures.

Interoperable

All stablecoins built as an extension of $M are natively interoperable, with no price discovery or liquidity fragmentation. They can be minted and redeemed by any Minter on the M^0 network. Extensions benefit from any existing $M integration, such as wallets, custody, on/off-ramps.

Transparency by Design

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$M Supply

M^0 Minters
Total circulating $M across all minters.
Collateralization ratio

The overall ratio of collateral in relation to minted $M.
Total collateral

The amount of collateral backing the supply of $M, as prescribed by M^0 Adopted Guidance.

Deployments

$M on Ethereum
0x866A2BF4E572CbcF37D5071A7a58503Bfb36be1b
$M (wrapped) on Ethereum
0x437cc33344a0B27A429f795ff6B469C72698B291

Introducing Smart $M

Smart $M is an extension of $M that always maintains 1:1 parity, thus allowing integrators to implement any desired behavior.
Smart $M allows for yield to be distributed in an arbitrary fashion, opening up new possibilities for incentivization of vendors, distributors and end-users.
$M in its standard form and within an Earner address behaves as a rebasing asset, which is typically incompatible with DeFi.
Integrate Smart $M

Build on the Best Stablecoin Infrastructure

$M Extensions

Build your branded, feature-rich stablecoin in minutes by extending $M
Incorporate any desired functionality by starting with $M as your stablecoin building block
Control how the yield earned on collateral should be used for your stablecoin use case
Unlock unified liquidity across use cases and platforms enabled by the interoperability between $M and extensions
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Stablecoin Orchestration APIs

Easily access liquidity for $M or your custom extension from the network of M^0 issuers
Optimize $M treasury management by directly connecting with M^0's primary market
Embed the creation and redemption of your stablecoin directly into your application flows
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Stablecoin Minting Engine

Access our turnkey tech stack when you need to own your stablecoin minting experience
Leverage feature-rich stablecoin minting UX and APIs that orchestrate interactions with the M^0 protocol
Integrate seamlessly with your preferred key custody platform
Monitor live collateral portfolio composition with direct integration to custodians
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