# Metal Dollar (XMD)

> Metal Dollar (XMD) is a reserve-backed stablecoin index designed to be minted and redeemed 1:1 against supported reserve assets, with official information covering its treasury, reserve basket, governance, network availability, institutional use cases, and integrations.

Reserve composition, treasury balances, contract addresses, supported networks, minting and redemption availability, and governance parameters can change. Verify current values and status on the official reserve, network, governance, and application pages. Content is informational and is not investment, legal, tax, or accounting advice.

## Understand XMD

- [Metal Dollar](https://metaldollar.com/): Product overview and current official description of XMD.
- [How Metal Dollar works](https://metaldollar.com/how-it-works): How supported assets are deposited, XMD is minted and used, and redemptions are processed.
- [Reserves](https://metaldollar.com/reserves): Reserve assets, treasury activity, composition, and live verification links.
- [Networks](https://metaldollar.com/networks): Current deployment and verification guidance across supported networks.
- [Governance](https://metaldollar.com/governance): How proposals may address reserve assets, allocations, thresholds, and protocol parameters.
- [XMD in Motion](https://metaldollar.com/xmd-in-motion): Product use cases and ecosystem activity.

## Use and Integrate

- [Metal Dollar application](https://dollar.metalx.com/): Official application for supported XMD actions and live data.
- [Mint and redeem](https://dollar.metalx.com/mint-n-redeem): Current minting and redemption interface.
- [Treasury](https://dollar.metalx.com/treasury-cryptos): Live treasury information and on-chain verification.
- [Developer information](https://metaldollar.com/developers): Verified starting points for application, treasury, network, and institutional integrations.
- [Stablecoin infrastructure for financial institutions](https://metaldollar.com/stablecoin-as-a-service): Institution-led stablecoin infrastructure and deployment model.

## Research and Updates

- [Metal Dollar articles](https://metaldollar.com/blog): Product updates, reserve-model explainers, regulation coverage, and institutional stablecoin analysis.
- [Inside the Metal Dollar basket](https://metaldollar.com/blog/inside-the-metal-dollar-basket): Explanation of the basket and reserve model.
- [Metal Dollar stablecoin as a service](https://metaldollar.com/blog/metal-dollar-stablecoin-as-a-service): Overview of the institutional infrastructure model.
- [Metallicus](https://metallicus.com/): Company information and broader payments, identity, digital-dollar, and blockchain infrastructure.