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. mUSD dApps include:
• SWAP - Swap USD stablecoins with zero-slippage
• SAVE - USD savings account for anyone, anywhere

mStable was founded by James Simpson and Henrik Andersson, who met while at Apollo Capital. After working hands-on with several stablecoins and lending platforms, they began work to unite lending, swapping and saving into a single standard and attempt to solve various points of friction existing stablecoin users encounter. This project became mStable, with a genesis team of 9 people and a community of thousands lending their voice and votes to govern the protocol via decentralized governance.

mUSD is a representation of its underlying stablecoins, making it a more abstracted and secure representation of USD on chain. It can be minted and redeemed permissionlessly via the mStable smart contracts using any whitelisted USD-pegged stablecoin. mUSD is also unique because it offers some of the best risk adjusted saving APYs in DeFi. This APY comes from multiple sources, drawing from swap fees, lending income, and liquidated tokens farmed by the mStable contracts. mStable is governed by a diverse community of stakeholders , all of whom come together to provide ideas, comments, and vote on proposals aimed toward improving the mStable protocol.

The all-time high of MUSD was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of mStable USD (MUSD) is 0. The current price of MUSD is down 0% from its all-time high.

As of , there is currently 0 MUSD in circulation. MUSD has a maximum supply of 0.

The current market cap of MUSD is 0. It is calculated by multiplying the current supply of MUSD by its real-time market price of 0.

The all-time low of MUSD was 0 , from which the coin is now up 0%. The all-time low price of mStable USD (MUSD) is 0. The current price of MUSD is up 0% from its all-time low.

mStable USD (MUSD) has a market capitalization of $0 and is ranked #5147 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze mStable USD (MUSD) price trends and patterns to find the best time to purchase MUSD.