## What Is mStable USD (mUSD)?

mStable is autonomous and non-custodial stablecoin infrastructure designed to provide decentralized finance platforms and protocols with a base layer collateral protocol on which DeFi applications can be built. mStable is a meta-asset platform that aims to create assets stronger than the sum of their parts.
mUSD is a mStable asset (mAsset) backed by a basket of USD-pegged stablecoins with features such as:
- Deep liquidity pool for efficient and low slippage stablecoin exchange
- Mintable by, and redeemable for, a specific underlying asset or basket of assets
- A low risk native interest rate that provides high yield by combining lending income and trading fees.
mUSD dApps include:
- SWAP - Swap USD stablecoins with zero-slippage
- SAVE - USD savings account for anyone, anywhere

### Who Are the Founders of mStable?
mStable was founded by James Simpson and Henrik Andersson, who met while at Apollo Capital. After working hands-on with several stablecoins and lending platforms, they began work to unite lending, swapping and saving into a single standard and attempt to solve various points of friction existing stablecoin users encounter.
This project became mStable, with a genesis team of 9 people and a community of thousands lending their voice and votes to govern the protocol via decentralized governance.

### What Makes mStable USD (mUSD) Unique?
mUSD is a representation of its underlying stablecoins, making it a more abstracted and secure representation of USD on chain. It can be minted and redeemed permissionlessly via the mStable smart contracts using any whitelisted USD-pegged stablecoin. mUSD is also unique because it offers some of the best risk adjusted saving APYs in DeFi. This APY comes from multiple sources, drawing from swap fees, lending income, and liquidated tokens farmed by the mStable contracts. mStable is governed by a diverse community of stakeholders , all of whom come together to provide ideas, comments, and vote on proposals aimed toward improving the mStable protocol.

#### Related Pages:
Learn more about mStable Meta [here](https://coinmarketcap.com/currencies/meta/).

mStable USD

Trust Wallet

MetaMask

SLUMBO

LayerZero

Biaoqing

zkSync

Notcoin

Renzo

Cookie

Minati Coin

Bitcoin

Solana

Hawk Tuah

Ethereum

Shiba Inu

Toncoin

Pepe

Terra Classic

JasmyCoin

Turbo

Kaspa

Dogecoin

Bullish CDP LHS1 May Campaign

Big Time - CDP LHS2 (Desktop Only) 2024

Uphold CDP LHS2 May campaign

BitGet CDP LHS2 May campaign

DexCheck Seach Bar

ChainGPT CDP Community

DexCheck Community Panel

Bc.game Dexscan Banner

Neutral

Extreme fear

Fear

Greed

Extreme greed

♻️ Rehypothecated

 🔥 Memes

 🔥 Solana Eco

 🔥 AI

Preț mStable USD
MUSD

mStable USD community

Știri mStable USD

Despre mStable USD

Statistici pentru mStable USD

Cele mai vizitate criptomonede

Cele mai populare

Preț mStable USD MUSD