Mezo USD (MUSD) is currently priced at $1.01 USD. The price has increased 0.00% in the last 24 hours. It has a market capitalization of $23,234,871.207. Fully diluted valuation: $23,234,871.207. Circulating supply is 23,083,198.192 MUSD. Total supply is 23,083,198.192 MUSD.
Stats
| 1 Day | +0% |
|---|
| 1 Month | +0.01% |
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| 3 Months | +0.02% |
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| 1 Year | — |
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| 1 Day | 1 Month | 3 Months | 1 Year |
|---|
| +0% | +0.01% | +0.02% | — |
| Market Cap | $23.2M |
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| Fully Diluted | $23.2M |
|---|
| Market Cap | Fully Diluted |
|---|
| $23.2M | $23.2M |
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