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As of Nov 12, 2026, M by M0 (M) has a market cap of $246.1m across 8 chains, most of it on Ethereum ($207.68m).
Stablecoin information
M^0 democratizes access to money issuance infrastructure. Based on a decentralized architecture and best-in-class collateral design, M^0 allows institutions to issue fungible cryptodollars
Category:fiat-backed
Minting and Redemption
In order to generate M, Minters must have a sufficient off-chain balance of Eligible Collateral which is represented on-chain by a frequently updated and validated number, known as the on-chain Collateral Value
Audits:No
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.36% | +12.75% | +29.05% | 207.68m | ||
| Portal by Wormhole | 100% | +3.75% | +11.78% | -11.76% | 21.09m | |
| 100% | <0.0001% | <0.0001% | <0.0001% | 15.47m | ||
| 100% | -6.11% | -7.66% | -11.43% | 1.31m | ||
| Portal by Wormhole | 100% | +0.01% | +0.06% | -7.50% | 358,196.52 | |
| Portal by Wormhole | 100% | +0.01% | +17.02% | +17.14% | 194,782.25 | |
| Portal by Wormhole | 100% | -3.65% | -3.65% | -3.65% | 12.53 | |
| Portal by Wormhole | 100% | 0.068 |