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MUSD

Mezo USD Price (MUSD)

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 $22,369,024.204. Fully diluted valuation: $22,370,026.118. Circulating supply is 22,221,800.871 MUSD. Total supply is 22,222,796.191 MUSD.

$1.01

Stats

1 Day+0%
1 Month+0%
3 Months+0.02%
1 Year
Market Cap$22.4M
Fully Diluted$22.4M

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