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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
The live MUSD price today is $1.00 USD with a 24-hour trading volume of $117,978 USD. We update our MUSD to USD price in real-time. MUSD is down 0.01% in the last 24 hours. The current CoinMarketCap ranking is #4137, with a live market cap of not available. The circulating supply is not available and a max. supply of 50,000,000 MUSD coins.