Stablecoin Information
MUSD is a permissionless stablecoin 100% backed by Bitcoin reserves and designed to maintain a 1:1 peg with the U.S. dollar.
Category:crypto-backed
Minting and Redemption
MUSD uses a CDP (collateralized debt position) model. Every outstanding MUSD is redeemable for Bitcoin. $1 in BTC collateral can be used to mint 1 MUSD.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.14% | -0.76% | -2.09% | 29.48m | ||
| 100% | +0.58% | +1.36% | -14.27% | 940,537.84 |