Mezo USD Price (musd/CAD)
Mezo USD
Currency
Official Site
GitHub
White Paper
Official Site
GitHub
White Paper
Mezo USD market data
Trading Volume
24h
Circulating Supply
0%
Volume / Market Cap
$0.00 / 0
Market Dominance
0%
Total Supply
50,000,000
BID
N/A
ASK
N/A
What Is Mezo USD (MUSD)?
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
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