# MNEE USD Stablecoin (MNEE): D-Score 53/100 — Moderately Decentralized

**BlockIndex D-Score: 53/100 (Moderately Decentralized).** MNEE USD Stablecoin (MNEE) is a Layer 2 cryptocurrency using Other consensus. MNEE: USD-backed ERC-20 stablecoin issued by MNEE Limited, led by founder and CEO Ron Tarter.

_Source: https://blockindex.ai/coin/mnee · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 53 |
| Node distribution | 0 |
| Initial distribution | 25 |
| Governance | 16 |
| Age and history | 7 |
| Autonomy | 5 |

## Key facts
- Layer: Layer 2
- Consensus: Other (N/A)
- Launch: Other (2024)
- Founder: Ron Tarter
- VC funded: No
- Max supply: N/A
- Circulating: 101,239,342

## Market data (as of 2026-06-19)
- Price: $1
- Market cap: $101.1M
- 24h volume: $0
- 24h change: 0.00% · 7d change: -0.11%

## About
MNEE USD Stablecoin (MNEE) is a USD-backed stablecoin issued by MNEE Limited. Its own materials describe Ron Tarter as Founder and CEO, and public terms identify MNEE Limited in Antigua and Barbuda. Market and third-party pages describe MNEE as an ERC-20 token currently live on Ethereum, with planned or discussed expansion to BSV for lower-cost payments.\n\nMNEE is not an independent blockchain. It does not run its own consensus protocol, validator set, mining network, or base-layer node infrastructure. It is a token whose settlement depends on its host chain and whose risk model depends on issuer reserves, redemption operations, attestations, compliance controls, and smart-contract custody.\n\nFor BlockIndex, MNEE should be displayed as a regulated stablecoin/token project, not as a decentralized base-layer cryptocurrency. Price should remain near $1 when data is available; because the current CMC API did not return a quote during this audit, BlockIndex restored the latest internal historical price instead of leaving the project blank.

## Links
- Website: https://www.mnee.io/
- Whitepaper: N/A
- GitHub: N/A

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About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore