Mezo USD(MUSD)
Market Cap$27.76m
Price$0.99
Total Circulating27.97m
Stablecoin Information
MUSD is a permissionless stablecoin 100% backed by Bitcoin reserves and designed to maintain a 1:1 peg with the U.S. dollar.
Category:crypto-backed
Minting and Redemption
MUSD uses a CDP (collateralized debt position) model. Every outstanding MUSD is redeemable for Bitcoin. $1 in BTC collateral can be used to mint 1 MUSD.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | +0.03% | +0.42% | -3.70% | 27.13m | ||
| 100% | < 0.0001% | -6.98% | -18.27% | 848,702 |