Record sog_st_eurm
EURm/Mento Euro
Also recorded as cEUR, Celo Euro
- Lifecycle
- Active
- Issuance
- Protocol-based
- Reference target
- Euro
- Primary organization
- Mento ProtocolNo additional recorded relationship
- Launch
- 2021-04-22
- Redemption
- Protocol Based
- Backing
- Hybrid or mixed
- Stabilization
- Protocol arbitrage
- Last review
- 2026-06-30
- Evidence
- 6 source records
Reviewed assessment
Identity and current state
This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.Euro-tracking Mento stablecoin launched on Celo as cEUR in April 2021 and renamed EURm in December 2025 without changing its contract identity; current Mento V3 documentation describes EURm as Reserve-backed.
| Name | Mento Euro |
|---|---|
| Symbol | EURm |
| Aliases | cEUR, Celo Euro |
| Asset class | Stablecoin |
| Lifecycle status | Active |
| Issuance status | Protocol-based |
| Canonical record ID | sog_st_eurm |
| Route slug | mento-eurm |
| Record confidence | High |
| Last reviewed | 2026-06-30 |
- Name
- Mento Euro
- Symbol
- EURm
- Aliases
- cEUR, Celo Euro
- Asset class
- Stablecoin
- Lifecycle status
- Active
- Issuance status
- Protocol-based
- Canonical record ID
sog_st_eurm- Route slug
mento-eurm- Record confidence
- High
- Last reviewed
- 2026-06-30
Record coverage
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 6 |
| Reserve reports | 1 |
| Reserve components | 1 |
| Model-history events | 1 |
| Regulatory notes | 0 |
| Deployments | 1 |
| Issuer-control actions | 0 |
| Open questions | 3 |
| Events | 2 |
Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.
- Governance
- DAO Governed
- Primary display organization
- Mento Protocol
- Primary display role
- Protocol operator
- Display selection mode
- Deterministic Policy
- Current relationships
- 1
- Ended relationships
- 0
- Unknown relationship state
- 0
- Freeze capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Blacklist capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Deployment control-event references
- 0
- Observed issuer-control events
- 0
- Relationship coverage
- 1 recorded relationship
| Organization | Organization category | Regulatory character | Jurisdiction | Role | Display priority | From | Until | Relationship status |
|---|---|---|---|---|---|---|---|---|
| Mento Protocol | Protocol or software system | Protocol or decentralized system | Unknown or not publicly resolved | Protocol operator | Primary display | 2021-04-22 | Not yet recorded | Active relationship |
Mento Protocol
- Functional role
- Protocol operator
- Relationship status
- Active relationship
- Regulatory character
- Protocol or decentralized system
- Jurisdiction
- Unknown or not publicly resolved
- From
- 2021-04-22
- Until
- Not recorded
Mechanism
How the asset works
Reference, backing, stabilization, exit, valuation, and yield remain separate facts.- Reference target
- Euro
- Reference kind
- Fiat
- Comparison category
- Euro
- Target value
- Not yet recorded
- Reference methodology
- EURm targets one euro and continues the same token identity previously displayed as cEUR.
- Public backing model
- Hybrid or mixed
- Canonical backing types
- Stablecoin Collateral, Mixed
- Reserve component categories
- Stablecoin Collateral
- Primary stabilization mechanism
- Protocol arbitrage
- Recorded model description
- Reserve Backed Fiat Stablecoin Collateral
- Redemption / exit model
- Protocol Based
- Valuation source
- Public information is incomplete
- Yield / rebase profile
- None recorded
- Classification notes
- Celo-native Mento stablecoin with Reserve-backed issuance and oracle-priced protocol exchange routes; the December 2025 change was a rebrand, not a new asset.
Reserve and redemption
Reserve and redemption
Recorded components, disclosures, reports, and redemption conditions remain explicit.Reserve components
- Euro-denominated fiat-backed collateral held by the Mento ReserveStablecoin Collateral · Current detailed allocation is not asserted.
| Disclosure status | Onchain Protocol Reserve Context |
|---|---|
| Backing types | Stablecoin Collateral, Mixed |
| Summary | EURm is Reserve-backed by onchain euro collateral under Mento V3. |
| As of | 2026-06-30 |
| Profile confidence | High |
- Disclosure status
- Onchain Protocol Reserve Context
- Backing types
- Stablecoin Collateral, Mixed
- Summary
- EURm is Reserve-backed by onchain euro collateral under Mento V3.
- As of
- 2026-06-30
- Profile confidence
- High
| Current status | Protocol Based |
|---|---|
| Settlement asset | Supported Mento pool assets |
| Eligible parties | Users of supported Mento interfaces. |
| Retail access | Public Protocol Exchange |
| Institutional access | Public Protocol Exchange |
| Minimum amount | Protocol and interface dependent. |
| Fee | Protocol and network fees may apply. |
| Settlement time | Network and pool dependent. |
| Regional limits | Applicable restrictions may apply. |
- Current status
- Protocol Based
- Settlement asset
- Supported Mento pool assets
- Eligible parties
- Users of supported Mento interfaces.
- Retail access
- Public Protocol Exchange
- Institutional access
- Public Protocol Exchange
- Minimum amount
- Protocol and interface dependent.
- Fee
- Protocol and network fees may apply.
- Settlement time
- Network and pool dependent.
- Regional limits
- Applicable restrictions may apply.
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| Not yet recorded | Mento Protocol | Onchain Protocol Context | Stablecoin Collateral, Other | High |
Mento Protocol
Not yet recorded- Type
- Onchain Protocol Context
- Assets covered
- Stablecoin Collateral, Other
- Record confidence
- High
Deployments and legal context
Deployments and legal context
Network state, contract identity, legal notices, and value states remain separate.| Network | Network record state | Standard | Public deployment category | Canonical deployment type | Operational state | Recorded status | Change or proposal state | Canonicality | Canonicality record state | Verification state | Contract identity state | Contract or identifier | Freeze | Blacklist | Control events | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Celo | Specific network recorded | ERC-20 | Protocol-native or protocol-supported deployment | Protocol Native Token | Active | Active | No separate change state recorded | Native deployment | Canonicality recorded | Source-linked record; identifier not recorded | Identifier not recorded | Identifier not recorded | Not yet recorded | Not yet recorded | 0 | Same token identity launched as cEUR and renamed EURm; the reviewed rebrand source states that the contract did not change. |
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
No regulatory notes have been added yet.
Evidence
Evidence
Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| The Evolution of Mento: cUSD becomes USDm Published 2025-12-17 | Mento | Official statement or announcement Canonical: Official Statement | Subject-controlled source | Primary source | Identity Rebrand, Contract Continuity, Event Date, Rebrand, Identity, Peg, Holder Action, Ceur to Eurm Rebrand No Contract or Peg Change | Archive index or wildcard | High |
| cEUR Celo Euro Goes Live Published Not yet recorded | Celo Forum | Governance record Canonical: Official Governance Proposal | Governance primary source | Primary source | Launch Date, Identity, Network, Historical Name, Ceur Activation Date Identity and Celo Launch | Archive index or wildcard | High |
| The Reserve Published Not yet recorded | Mento Protocol | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Backing, Reserve, Collateral, Minting, Burning, Transparency, Eurm Reserve Backing Collateral and Rebalancing Model | Archive index or wildcard | High |
| Getting Mento stables on Celo Published Not yet recorded | Mento Protocol | Official documentation or product page Canonical: Official Protocol Guide | Subject-controlled source | Primary source | Access, Exchange, Redemption, Fees, Network, Backing, Eurm Protocol Exchange Route Oracle Rate and Current Backing Model | Archive index or wildcard | High |
| StableToken Published Not yet recorded | Mento Protocol | Official documentation or product page Canonical: Developer Docs | Subject-controlled source | Primary source | Contract Model, Token Standard, Minting, Burning, Protocol Version, Erc20 Token and V3 Mint Burn Contract Model | Archive index or wildcard | High |
| Integrate Mento stables Published Not yet recorded | Mento Protocol | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Contract Address, Token Standard, Network, Peg, Integration, Eurm Contract Identity Erc20 and Network Integration | Archive index or wildcard | High |
Known unknowns
Known unknowns and coverage
Missing or disputed facts remain visible instead of being converted into certainty.| Topic | What remains unclear | Value state | Priority | Last checked |
|---|---|---|---|---|
| Reserve Detail | Current reserve composition is not fully recorded. | Unknown after review | High | 2026-06-30 |
| Contract History | Complete contract implementation history remains incomplete. | Unknown after review | High | 2026-06-30 |
| Multichain History | Complete official cross-chain representation history is not recorded. | Unknown after review | Medium | 2026-06-30 |
Reserve Detail
Current reserve composition is not fully recorded.
- Value state
- Unknown after review
- Priority
- High
- Last checked
- 2026-06-30
Contract History
Complete contract implementation history remains incomplete.
- Value state
- Unknown after review
- Priority
- High
- Last checked
- 2026-06-30
Multichain History
Complete official cross-chain representation history is not recorded.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-30
Lifecycle
History
Current classification remains separate from dated changes and incidents.Model and lifecycle changes
- Celo Euro becomes Mento EuroMigration
| Date | Event | Category | Subtype | Status effect | Recovery |
|---|---|---|---|---|---|
| 2021-04-22 | Celo Euro activates on Celo | Launch and introduction | Launch | Remained active | Not applicable |
| 2025-12-17 | Celo Euro becomes Mento Euro | Migration and rebrand | Rebrand | Unknown or unresolved | Not applicable |
Related records and corrections
Corrections and further reading
Open connected records, methodology, machine-readable data, or report a correction.- All stablecoinsCompare this record with the rest of the archive.
- Mento ProtocolUnknown or not publicly resolved
- Event registry2 connected events recorded.
- MethodologyRead classification, evidence, and value-state rules.
- CorrectionsReport a source, relationship, or record problem.
- Data manifestInspect the machine-readable public layer.