mStable USD (MUSD)

-0.04 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

58428>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

8335723.762828>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

8,336,375.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

8,336,374.99
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

0.00
Low High
Contract
Website
Explorers
Social Media
Tags
Week Month Year All Time
High

Dec 14 2022

1.003145215598
-0.32%

Dec 14 2022

1.003145215598
-0.32%

Aug 31 2022

1.083468835847
-7.71%

Jul 25 2022

-63.11%
Low

Dec 14 2022

1.003145215598
-0.32%

Dec 14 2022

1.003145215598
-0.32%

Jul 14 2022

0.931759935068
7.32%

May 19 2021

23.99%

Market

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score

Historical Data

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Coin
mStable USD
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Coin Info

mStable is an autonomous and non-custodial stablecoin infrastructure designed to give decentralised finance platforms and protocols a base layer collateral protocol on which DeFi applications can be built. The goal of the mStable meta-asset platform is to make assets that are stronger than the sum of their parts. mUSD is a mStable asset (mAsset) backed by a basket of USD-pegged stablecoins. It has features like a deep liquidity pool for fast and low-slippage stablecoin exchanges. - Can be issued and redeemed for a specific asset or group of assets - A native interest rate with a low risk that gives a high return by combining income from lending and trading fees. mUSD dApps include: SWAP, which lets you trade USD stablecoins with no slippage; - SAVE - Anyone, anywhere can open a USD savings account.

James Simpson and Henrik Andersson started mStable. They worked together at Apollo Capital, which is where they met. After getting hands-on experience with a few stablecoins and lending platforms, they started working to combine lending, swapping, and saving into a single standard and try to fix some of the problems that stablecoin users already face. This project turned into mStable. A group of 9 people called the genesis team and a community of thousands used their voices and votes to run the protocol without a central authority.

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