Price change (24h):
0.04%
High (24h):
$1.001
Low (24h):
$0.997712
Volume (24h):
$0.533
Market Cap:
$2.87M
All Time High:
81.88% $5.51
Jan 20, 2026
All Time Low:
111% $0.47
Jun 19, 2023
MStable USD
MUSD0.21 %(1Y)
$0.998192
About MStable USD
mStable USD (MUSD) is a cryptocurrency that operates as a meta-stablecoin on the Ethereum network. The asset occupies a specific niche at the intersection of fiat-backed stability and decentralized finance composability.
The protocol distills fragmented stablecoin liquidity into a single, yield-accruing instrument. Instead of forcing capital allocators to juggle USDC, DAI, or USDT exposure, mStable aggregates these reserves and issues mUSD as a unified receipt, solving the perennial DeFi headache of dispersed dollar-pegged depth. The token continuously distributes native yield derived from integrated lending markets and fee-generating strategies.
mUSD operates on the Ethereum blockchain, relying on that network’s execution environment and smart contract security. No standalone chain underpins the asset; its existence is entirely on-chain via Ethereum’s virtual machine.
The token conforms to the ERC-20 standard, granting immediate interoperability with wallets, decentralized exchanges, and custody infrastructure that dominate the ecosystem. All core protocol contracts remain publicly verifiable through open-source repositories, with formal audits and community-maintained documentation accessible on-chain. The minting process collateralizes the token with a dynamically rebalancing basket of approved stablecoins.
The project’s roots trace back to Australia and the early composability experiments that reshaped Ethereum’s financial layer. Without a named, centralized founder, the protocol emerged from a distributed developer collective that prioritized permissionless stablecoin infrastructure. Early adoption concentrated among yield optimizers and liquidity providers who recognized the capital efficiency of a basketed instrument over single-asset deposits.
The long-term objective orbits around a frictionless monetary layer for DeFi—a yield-bearing digital dollar that renders the choice between competing centralized stablecoins irrelevant. By collapsing stablecoin fragmentation, mStable intends to become a neutral, self-replenishing liquidity backbone for protocols that need deep, dependable dollar markets.
Inside the system, mUSD acts as the redeemable output token representing proportional ownership of the underlying vault. When a user deposits an accepted stablecoin, the protocol mints an equivalent amount of mUSD and reallocates the collateral into yield-optimized strategies; redemptions reverse this flow, burning mUSD to release the basket’s constituents. This mechanical cycle ensures the token’s price gravitates toward its peg through arbitrage and reserve-backed confidence.
Liquidity providers mint mUSD to passively harvest yield without active management, while traders and protocols hold it as a composable settlement unit that earns interest simply by sitting in a wallet. Arbitrageurs exploit minute deviations between the basket value and the open market price, reinforcing the peg and collecting modest spreads.
mStable USD has a total supply of 2,875,948.71 tokens. Currently, 2,875,948.71 mUSD are in circulation, reflecting a fully diluted float with no locked or vesting allocations artificially constraining supply. No scheduled emission halvings or programmed burns alter this equilibrium on a fixed schedule. With a market capitalization of $2,501,010, mStable USD ranks #2,138 among all cryptocurrencies.
MStable USD Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 13/06/2026 | $1.00 | $1.00 | $1.00 | $1.00 |
| 12/06/2026 | $1.00 | $1.00 | $1.00 | $1.00 |
| 11/06/2026 | $1.00 | $1.00 | $1.01 | $0.99 |
| 10/06/2026 | $1.00 | $1.00 | $1.00 | $0.99 |
| 09/06/2026 | $1.00 | $1.00 | $1.00 | $0.99 |
| 08/06/2026 | $1.00 | $1.00 | $1.00 | $1.00 |
| 07/06/2026 | $1.00 | $1.00 | $1.00 | $1.00 |
| 06/06/2026 | $1.00 | $1.00 | $1.00 | $1.00 |
Why is manual trading MStable USD a bad idea?
Manual musd trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
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Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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MStable USD (MUSD) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live MUSD price, market cap, and 24-hour trading volume at the top of this page.
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The current price of MStable USD (MUSD) is $0.998192. Over the last 24 hours, it has moved 0.04%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy MStable USD on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your MUSD investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Stablecoins (like MUSD) are designed to maintain a stable value, usually pegged to a fiat currency like the US dollar. While their price typically stays close to the peg, they can occasionally depeg due to market stress, liquidity issues, or concerns about reserve backing.
Many traders use stablecoins as a safe haven during crypto market volatility or as a convenient way to move funds between exchanges. -
We can’t provide investment advice. Whether MStable USD is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. MUSD can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
