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MUSD

Mezo USD Price (MUSD)

Mezo USD (MUSD) is currently priced at $1.00 USD. The price has increased 0.00% in the last 24 hours. It has a market capitalization of $29,142,840.566. Fully diluted valuation: $29,142,840.566. Circulating supply is 29,221,462.899 MUSD. Total supply is 29,221,462.899 MUSD.

$1.00

Stats

1 Day+0%
1 Month0.01%
3 Months+0%
1 Year
Market Cap$29.1M
Fully Diluted$29.1M

About Mezo USD

MUSD is Mezo's native stablecoin, 100% backed by Bitcoin reserves and designed to maintain a 1:1 value with the US dollar.

This is advantageous compared to other DeFi lending platforms due to the competitive collateralization requirements in the market, which are significantly more capital-efficient compared to other major DeFi protocols.

To ensure that the entire stablecoin supply remains fully backed by collateral, if a position falls under the minimum collateral ratio, it will be closed (liquidated). This ensures the health and stability of the MUSD model. For more information: https://mezo.org/docs/users/musd