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mStable USD

mStable USD MUSD Price N/A

2 Watchlists

Stablecoin

MUSD Price

N/A

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Inactive

Funds and Backers

No funds found yet

Wallets

No wallets found yet

Description

mUSD is a stablecoin that is backed by USDT, USDC, sUSD, and DAI

mStable USD (MUSD) Chart

The mStable USD to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

Additional Data

ATH Market Cap

$ 226.63M

Total Supply

MUSD 9,994,291

Listing Date

15 Aug 2021

All Time High

$ 4.88

25 Jul 2022


All Time Low

$ 0.629

28 Aug 2023

What is mStable USD (MUSD)?

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.

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