mStable USD MUSD Price $ 0.996

mStable is autonomous and non-custodial stablecoin infrastructure designed to provide decentralized finance platforms and protocols with a base layer collateral protocol on which DeFi applications can be built. mStable is a meta-asset platform that aims to create assets stronger than the sum of their parts. mUSD is a mStable asset (mAsset) backed by a basket of USD-pegged stablecoins with features such as:

• Deep liquidity pool for efficient and low slippage stablecoin exchange
• Mintable by, and redeemable for, a specific underlying asset or basket of assets
• A low-risk native interest rate that provides high yield by combining lending income and trading fees.

mStable is a protocol that unites stablecoins, lending, and swapping into one robust standard - making them a stablecoin infrastructure. mStable offers a range of services in which users can:

• Swap: USD stablecoin swaps with zero-slippage
• Save: A non-custodial savings account that allows users to have an mUSD savings account
• Earn: MTA yield farming program to boost the liquidity of mUSD. Users can stake various Liquidity Provider (LP) tokens to earn MTA.