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Mezo USD Overview
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About Mezo USD
Mezo USD is the USD-pegged stablecoin used in the Mezo ecosystem. In Mezo’s documentation it is referred to as MUSD and is described as a permissionless stablecoin designed to maintain a 1:1 peg with the US dollar and backed by Bitcoin reserves.
MEZOUSD is the asset symbol used by CryptoCompare for Mezo USD. CryptoCompare lists
Borrowing against BTC collateral: Users mint MUSD by depositing BTC (or other supported collateral) into Mezo Borrow to create a collateralised debt position (CDP). They can close the position by repaying MUSD plus accumulated interest to reclaim their collateral. Redemptions to support the peg: Mezo’s documentation states outstanding MUSD is redeemable for Bitcoin, with minting and redemption described as mechanisms intended to help keep MUSD near $1. Use on Mezo and bridging: Mezo documents MUSD deployments and bridging infrastructure, describing a Wormhole Native Token Transfer (NTT) bridge and listing MUSD contract addresses on Mezo mainnet, Ethereum and Base.
Mezo USD Markets
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Mezo USD Platforms
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Mezo USD Market Data
The live Mezo USD price today is $1.00 USD with a 24-hour trading volume of $4,698,230.21 USD. We update our MEZOUSD to USD price in real-time. Mezo USD is up 0.04% in the last 24 hours.
The current market cap is $30,237,524.58 USD, ranking #1504 by market capitalization. The circulating supply is 30,155,960 MEZOUSD.