# mStable USD (MUSD)

**Current Price:** $0.9982 (📉 -0.54% 24h)

**Price in BTC:** 0.00001481 BTC

**Rank:** #2330

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## Market Statistics

| Metric | Value |
|--------|-------|
| Market Cap | $2.9M |
| Fully Diluted | $2.9M |
| Volume (24h) | $620.2 |
| Vol/Mkt Cap | 0.02% |
| Total Supply | 2,875,949 |
| Circulating Supply | 2,875,949 |

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## Price Changes

| Period | Change |
|--------|--------|
| 1 Hour | -0.09% |
| 24 Hours | -0.54% |
| 7 Days | +0.01% |

### All-Time Records

- **All-Time High:** $5.51 (-81.87% from ATH) on Jan 20, 2026
- **All-Time Low:** $0.47 (+111.25% from ATL) on Jun 19, 2023

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## Contract Addresses

- **Ethereum:** `0xe2f2a5c287993345a840db3b0845fbc70f5935a5`

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## Explorers

- [etherscan.io](<https://etherscan.io/token/0xe2f2a5c287993345a840db3b0845fbc70f5935a5>)
- [intel.arkm.com](<https://intel.arkm.com/explorer/token/musd>)
- [ethplorer.io](<https://ethplorer.io/address/0xe2f2a5c287993345a840db3b0845fbc70f5935a5>)

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## Categories

- [Decentralized Finance \\(DeFi\\)](<https://coinstats.app/categories/62cf32500fe1c959b31bfa33/>)
- [Stablecoins](<https://coinstats.app/categories/62cf32500fe1c959b31bfa4e/>)
- [USD Stablecoin](<https://coinstats.app/categories/62cf32500fe1c959b31bfa50/>)
- [Ethereum Ecosystem](<https://coinstats.app/categories/62df90f00fe1c959b306feb9/>)
- [Fiat\\-backed Stablecoin](<https://coinstats.app/categories/669e515f872c30492b6f4172/>)
- [Olympus Pro Ecosystem](<https://coinstats.app/categories/66bb5242872c30492b6f4885/>)

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## Community

- [Telegram](<https://t.me/mstableofficial>)
- [Twitter](<https://twitter.com/mstable_>)

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## About mStable USD

<h2>What is mStable USD?</h2>
<p>mStable USD \(mUSD\) is a decentralized stablecoin that is designed to provide users with a low\-volatility store of value and medium of exchange\. It combines the stability of traditional fiat currencies with the security, transparency, and programmability of blockchain technology\. mUSD is backed by a basket of underlying assets, including other stablecoins such as USDC and DAI, which are held in reserve by independent custodians\. This ensures that each mUSD token is fully collateralized at all times\.</p> 
<p>The mStable protocol allows users to easily convert between different types of stablecoins, while also providing them with access to yield\-generating strategies such as lending and staking\. The protocol also enables developers to build applications on top of it, allowing them to create new financial products and services for their users\.</p> 
<p>mStable USD has been designed to be compliant with existing regulations and can be used for payments or remittances without any restrictions\. It has been audited by third\-party firms for security and compliance purposes, ensuring that it meets the highest standards in the industry\.</p> 
<p>Overall, mStable USD provides users with a secure way to store their funds without having to worry about volatility or counterparty risk\. By combining the best features of both fiat currencies and cryptocurrencies, it offers an attractive alternative for those looking for a safe haven asset\.</p>

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## Underlying Assets

| # | Asset | Quantity | Price | Allocation | Share |
|---|-------|----------|-------|------------|-------|
| 1 | - | 0.19057417060873236  | - | - | 18.96% |
| 2 | - | 0.27928411180862445  | - | - | 27.89% |
| 3 | - | 0.293033  | - | - | 29.37% |
| 4 | - | 0.237107  | - | - | 23.78% |

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## mStable USD Token Risks

**Trust Score:** 79/100

| Risk Type | Severity | Result |
|-----------|----------|--------|
| Proxy (Upgradeable) | 🟠 high | ✓ Passed |
| Unauthorized Token Approvals | 🟠 high | ✗ Failed |
| Centralized Mint | 🟠 high | ✗ Failed |
| Blacklist | 🟠 high | ✗ Failed |
| Centralized Burn | 🟠 high | ✗ Failed |
| Transfer event amount mismatch | 🟠 high | ✗ Failed |
| Selfdestruct | 🟠 high | ✗ Failed |
| Balance Manipulation | 🟡 medium | ✓ Passed |
| Cooldown checks | 🟡 medium | ✗ Failed |
| No Transfer event emitted | 🟡 medium | ✗ Failed |
| Blockable Transfer | 🟡 medium | ✗ Failed |
| Basic Transfer Fee | 🟡 medium | ✗ Failed |
| Approval event not emitted | 🟡 medium | ✗ Failed |
| Pausable | 🟡 medium | ✗ Failed |
| External call in transfer | 🟡 medium | ✗ Failed |
| Whitelist | 🟢 low | ✗ Failed |
| Assembly usage in transfer | ⚪ minor | ✗ Failed |
| Not fully ERC20 compliant | ⚪ minor | ✗ Failed |
| Asset Withdrawal | ⚪ minor | ✗ Failed |
| ETH Balance Sweep | ⚪ minor | ✗ Failed |

[Learn more about token risks](<https://coinstats.app/blog/risks/>)

---

## Related Assets

### Trending Cryptocurrencies

- **Solana** (SOL)
- **Pi Network** (PI)
- **Bittensor** (TAO)
- **Tether Gold** (XAUT)
- **Sui** (SUI)
- **パンチ \(Punch\)** (PUNCH)
- **Bitcoin** (BTC)
- **PAX Gold** (PAXG)

### Similar Market Cap

- **ROACORE** ()
- **Last USD** ()
- **Extra Finance** ()
- **Mustang** ()
- **Agent Hustle** ()
- **Wrapped Aave Arbitrum USDCn** ()
- **Immunefi** ()
- **Altcoinist Token** ()

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## mStable USD Markets

| # | Exchange | Pair | Volume (24h) | Vol % | Price |
|---|----------|------|--------------|-------|-------|
| 1 | OpenOcean | LCAI/MUSD | $33.6K | - | $0.8556 |
| 2 | OpenOcean | AUSDT/MUSD | $10.1K | - | $0.9997 |
| 3 | OpenOcean | ZYN/MUSD | $9.3K | - | $0.8579 |
| 4 | OpenOcean | FOXY/MUSD | $5K | - | $0.9985 |
| 5 | OpenOcean | PENDLE/MUSD | $3.2K | - | $0.7238 |
| 6 | OpenOcean | MKR/MUSD | $3.1K | - | $1.009 |

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## mStable USD News

### [CRYPTO PUMPS AFTER JEROME POWELL SPEECH, ETH CLOSE TO ATH, ALTS & MEMES PUMP](<https://coinstats.app/news/0d2e408ca7230f8c060a2736012c148a70cd2cf2504d9d51c7e21d3a0bdabe5e_CRYPTO-PUMPS-AFTER-JEROME-POWELL-SPEECH-ETH-CLOSE-TO-ATH-ALTS--MEMES-PUMP>)
*Unknown - Aug 22, 2025*

BTC slips on hawkish fed, Jackson Hole today\. BTC ETFs hit 5\-day losing streak\. ETH poised for meteoric growth: JP Morgan\. Hayes predicts $20k ETH this cycle\. 27% of DATs now trade with mNAV below 1\. ...

### [The Daily: Kanye West’s ‘YZY’ Solana token crashes, MetaMask unveils mUSD stablecoin, JPMorgan on ETH vs. BTC, and more](<https://www.theblock.co/post/367871/kanye-west-yzy-solana-token-metamask-musd-stablecoin-jpmorgan-ethereum-bitcoin-more?utm_source%3Drss%26amp%3Butm_medium%3Drss&utm_medium=referral&utm_source=coinstats>)
*Unknown - Aug 21, 2025*

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons\....

### [MetaMask Unveils mUSD Stablecoin on Ethereum and Linea, Teases Debit Card Functionality](<https://decrypt.co/336147/metamask-unveils-musd-stablecoin-ethereum-linea-teases-debit-functionality?utm_medium=referral&utm_source=coinstats>)
*Unknown - Aug 21, 2025*

MetaMask&\#39;s dollar\-backed mUSD stablecoin will first launch on the Ethereum and Linea blockchains later this year\....

### [Stripe's Bridge Teams Up With M0 Protocol to Issue Stablecoins, Starting With MetaMask's mUSD](<https://coinstats.app/news/ad8db451353a25d5f1de17cfb299df65700c2e5025b6f9d189f413d86d256bba_Stripes-Bridge-Teams-Up-With-M0-Protocol-to-Issue-Stablecoins-Starting-With-MetaMasks-mUSD>)
*Unknown - Aug 21, 2025*

MetaMask's upcoming digital dollar is the first example of the partnership, combining Bridge's regulatory and reserve management with M0’s blockchain expertise\....

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## Also Check mStable USD Price On

- [CoinGecko](<https://www.coingecko.com/en/coins/musd>)
- [CoinMarketCap](<https://coinmarketcap.com/currencies/mstable-usd>)
