mStable (mUSD) is a noncustodial and self-governing stablecoin infrastructure to offer a base layer collateral protocol to develop DeFi applications and the creation of meta-assets, which are fully backed by a diversified basket of existing tokenized same-base assets. Noncustodial stablecoins are tokens where the private key to the wallet is completely controlled by its owner without involvement of a third party. Each meta-asset is a pegged-value crypto asset and represents a liquidity share in the underlying asset pool. Besides, these assets are minted or redeemed on-chain via the noncustodial mStable smart contracts. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on blockchain. The mStable contracts allow underlying assets to be exchanged or swapped for a fee. Through the meta-asset creation, mStable caters to the following problems:

mStable assets are designed to generate a native yield for users who deposit mBTC or mUSD into mStable's Save Contract. mUSD is introduced by mStable as the first meta-asset composed of USD stablecoin assets, whereas mBTC is a crypto asset pegged to BTC price, backed by a tokenized BTC pool on the Ethereum network. Save Contract is mStable's non-custodial savings account, designed to be an accessible and reliable place to earn yield on the pegged-value crypto assets. 

When users deposit their mUSD or mBTC assets into the Save Contract, they earn yield. Further, the user gets an yield-bearing imUSD or imBTC token. These yield-bearing tokens only appreciate over time and do not have a one-to-one relationship to the underlying peg's value. They can be redeemed for the underlying mBTC or mUSD at any time, resulting in the user receiving the accrued yield along with the original deposit.

In addition, mUSD aims to serve the following utilities:

Further, MTA, as a governance token of the mStable protocol, has the following utility on the ecosystem:

James Simpson is the cofounder of the mStable platform.

mUSD can be acquired in the following ways:

For MTA, the users choose to deposit MTA into the staking contract and receive voting power, MTA rewards, and boosted rewards in return.

The MTA Staking v2 was launched on August 16, 2021, and is the upgraded version of Staking-1 (ended in September 2021). The new staking implementation offered many changes to the way users can stake MTA to become MTA governors, including:

MTA has a maximum total supply of 100,000,000 tokens.

mStable can be obtained on decentralized and centralized exchanges like Coinbase.

我们实时将 mStable USD 更新为 SGD 货币。通过 Coinbase 获取最新 mStable USD 价格。

mStable USD的当前市值为 S$364.72万。高市值意味着该资产在市场上的价值很高。

mStable USD的历史最高价位是 S$0.0000000000000000013。这是mStable USD自推出以来的最高价格。

在过去 24 小时内，mStable USD的交易量为 S$50.37。

与mStable USD具有相似市值的资产包括Orion Protocol, Raptor Finance, SocialGood和许多其他资产。要查看完整列表，请参阅我们的可比市值资产。

mStable USD的当前流通供应量是 288万。

mStable USD在 Coinbase 上的可交易资产中排名 312。受欢迎程度目前基于相对市值。