MUSD uses two stabilizing and minting mechanisms to back the token, making it similar to traditional stablecoins in functionality.
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The MUSD token is supported by two stabilization and minting mechanisms, which ensure its backing. It functions similarly to other conventional stablecoins.
As of now, mStable USD is trading at 0.978739 USD, with a 24-hour trading volume of approximately 0 USD. The MUSD to USD price is updated in real time. Over the past 24 hours, mStable USD has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 9.78M USD. Currently, there are 9 994 291 MUSD in circulation out of a maximum supply of 9 994 291 MUSD.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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