mStable USD
MUSDCrypto-backed USD-pegged Rank #170
Price
$0.997692
-0.23% off peg
Market Cap
$3.19M
Market Cap
$3.19M
Dominance
0.00%
of market
Price
$0.997692
% Off Peg
-0.23%
24h Supply
0.00%
7d Supply
0.00%
30d Supply
-0.01%
Networks
3
chains
Circulating Supply
Total MUSD across all chains
$3.21M
$3.20M
Sep 6, 2025
Sep 3, 2026
Chain Distribution
Current supply by network
Ethereum
$2.87M 89.7%
Polygon
$328.2K 10.2%
Gnosis
$2.5K 0.1%
About mStable USD
mUSD is USD-pegged cryptoasset on Ethereum and Polygon backed by a basket of selected USD stablecoins.
Mint & redeem
Using the mStable app, users can swap an accepted stablecoin to mint mUSD 1:1. mUSD can be redeemed for another stablecoin 1:1 at any time.
Links & references
Official website View on DefiLlama View on CoinGecko Twitter / X DefiLlama wiki
Contract 0xe2f2…35a5