- #1721
mStable USD MUSD
MUSD Price
Market Cap
$3.07 MRank #1721FDV
$3.07 MRank #1956Investors
Twitter Followers
Twitter Performance
943NormalRank by Twitter #1126- 0
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Detailed Performance
MUSD shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
MUSD to USD Converter
Price History
- All-Time High
- $2.682.65x to ATH
- All-Time Low
- $0.47262.15x to ATL
- Trade Launch Date
- 22 Jun, 2020
1495 days ago
Exchanges
Exchanges type
About MUSD
mStable USD (mUSD) is a stablecoin that is designed to maintain a 1:1 peg with the US dollar. It is one of the stablecoins offered by mStable, a decentralized finance (DeFi) protocol. The purpose of mUSD is to provide users with a stable and reliable digital asset that can be used for various financial transactions within the DeFi ecosystem.
What makes mStable USD unique?
mStable USD (mUSD) is a stablecoin that aims to provide stability and usability in the decentralized finance (DeFi) ecosystem. What makes mUSD unique compared to other cryptocurrencies is its design as a meta-stablecoin. It is backed by a basket of stablecoins, including DAI, USDC, and USDT, which helps to reduce the risk of volatility that is commonly associated with single-collateral stablecoins.
Moreover, mUSD is designed to be interoperable across multiple DeFi protocols, allowing users to seamlessly move their funds between different platforms. This interoperability enhances the usability and accessibility of mUSD within the DeFi ecosystem.
Additionally, mUSD holders can participate in the mStable platform's governance by becoming active Governors. This gives them voting rights and a say in the decision-making process regarding the platform's future development and upgrades.
Overall, mStable USD stands out by offering stability, interoperability, and governance participation, making it a unique stablecoin in the cryptocurrency market.
Live mStable USD Price Data
The current price of mStable USD (MUSD) is approximately $1.01, reflecting a increase of 0.19% in the last 24 hours. The MUSD trading volume in the last 24 hours stands at $49.77. mStable USD's market cap is currently $3.07 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of MUSD is 3.02 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand mStable USD's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on MUSD, check out our crypto insights page.
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MUSD to USD Converter
Price History
- All-Time High
- $2.682.65x to ATH
- All-Time Low
- $0.47262.15x to ATL
- Trade Launch Date
- 22 Jun, 2020
1495 days ago