mStable USD
Market Open
4 Nov, 15:53
$
0. 998200
+0.0016
+0.1605%
$
7,079 Volume
$ 0.9966
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MUSDUSD Overview
MUSDUSD denotes the price of mStable USD (MUSD) expressed in United States dollars. It reflects the exchange rate at which one unit of the mStable USD token can be bought or sold for USD across trading venues.
mStable USD is a blockchain-based stablecoin issued by the mStable protocol, introduced in 2020. Designed as a meta-stablecoin, MUSD aggregates and tokenizes underlying dollar-denominated stable assets and yield-bearing positions to maintain a 1:1 peg to the U.S. dollar. The token operates within a decentralized governance framework and is primarily deployed on Ethereum and compatible networks.
The MUSDUSD rate is driven by supply and demand on centralized and decentralized exchanges, liquidity in lending and automated market maker pools, and arbitrage activity that enforces the peg. Market sentiment, macroeconomic shifts in the U.S. dollar, interest rate moves, and protocol-specific developments such as changes to collateral or governance can all influence pricing and spread behavior.
MUSDUSD matters to traders and investors as a unit of account and a liquidity instrument within DeFi and broader crypto markets. It is commonly used for hedging, settlement, liquidity provision, and yield strategies where dollar stability and composability are required.
While stablecoins typically exhibit low price volatility versus fiat, MUSD can deviate from parity during stress events or when liquidity is thin; monitoring exchange depth and spreads is therefore important for active traders.
mStable USD is a blockchain-based stablecoin issued by the mStable protocol, introduced in 2020. Designed as a meta-stablecoin, MUSD aggregates and tokenizes underlying dollar-denominated stable assets and yield-bearing positions to maintain a 1:1 peg to the U.S. dollar. The token operates within a decentralized governance framework and is primarily deployed on Ethereum and compatible networks.
The MUSDUSD rate is driven by supply and demand on centralized and decentralized exchanges, liquidity in lending and automated market maker pools, and arbitrage activity that enforces the peg. Market sentiment, macroeconomic shifts in the U.S. dollar, interest rate moves, and protocol-specific developments such as changes to collateral or governance can all influence pricing and spread behavior.
MUSDUSD matters to traders and investors as a unit of account and a liquidity instrument within DeFi and broader crypto markets. It is commonly used for hedging, settlement, liquidity provision, and yield strategies where dollar stability and composability are required.
While stablecoins typically exhibit low price volatility versus fiat, MUSD can deviate from parity during stress events or when liquidity is thin; monitoring exchange depth and spreads is therefore important for active traders.
MUSDUSD Chart
MUSDUSD FAQ
What is the current mStable USD price?
The current price is $0.998200, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by +0.0016 (+0.1605%), showing how much the asset has moved compared to the previous close.
What is the previous close for mStable USD?
The previous close was $0.996600, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (+0.1605%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.996000) and highest ($1.008000) prices traded during the selected period, helping assess volatility.
Why is mStable USD (MUSD) moving today?
Price movements in mStable USD are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.998200) is above the previous close ($0.996600), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for mStable USD?
You can view real-time charts, price updates, and market data for mStable USD (MUSD) directly on this page.
