Is Midas mTBILL a scam?

Asked about Midas mTBILL (MTBILL), market cap rank #468.

Short answer

Midas mTBILL (MTBILL) has been scored on isthiscoinascam.com and has a low score, indicating elevated scam risk based on the available data.

Source: isthiscoinascam.com · Updated 2026-05-24

Red flags raised

  • Stablecoin has depegged from its target

Positive signals

  • Experienced founder with prior projects
  • Substantial backing from reputable investors
  • High-quality whitepaper

Security audits

1 audit on record.

  • Kryll³ (2026-02-15) — critical_findings

Team transparency

The Midas mTBILL team is doxxed — public identities are known.

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