2 Application questions about mesh products

Yes, when using a non-AUTOMATIC SYSTEM_MODE

You can connect a USB charger or supply 5V to the VUSB pin.
The docs do feature a block diagram that shows the input power block
https://docs.particle.io/datasheets/mesh/xenon-datasheet/#block-diagram

What is the VM pin? Do you mean Vin?
On mesh devices VUSB is the same thing as on Gen1&2 devices Vin but there is no protection diode between USB and Vin to prevent back-feeding into the USB port.

There are some posts that address the potential back-feeding and possible workarounds (if needed)