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 | -0.05% | +0.19% | +12.75% | 30.48m | ||
| 100% | -0.63% | -4.05% | -32.15% | 612,860.93 |