Market 
Mezo USD
musd Rank #853$0.9902 -0.01%
Performance
1h
-0.08%
24h
-0.01%
7d
+0.07%
30d
+0.10%
1y
+0.09%
Market stats
- Market cap
- $18.86M
- Volume (24h)
- $90.09K
- FDV
- $18.86M
- 24h high
- $0.9985
- 24h low
- $0.9898
- Circulating
- 19.04M
- Total supply
- 19.04M
- Max supply
- ∞
All-time range
All-time high
$1.37
-27.74% Oct 24, 2026
All-time low
$0.9064
+9.24% Sep 13, 2026
About Mezo USD
MUSD is Mezo's Bitcoin-backed stablecoin, minted when users deposit BTC as collateral and borrow against it at low, fixed rates. The system uses a collateralized debt position (CDP) model, where each MUSD is fully backed by Bitcoin and can be redeemed for BTC, helping MUSD maintain its 1:1 peg to USD. Borrowers can access high loan-to-value ratios (up to ~90%) while the system maintains over-collateralization (system…
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