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Meter Stable Overview
24h High
$0.43
24h Low
$0.40
24h Change
+1.11%
7d Change
-0.21%
30d Change
+5.07%
Volume 24h
$1.05K
Market Cap
$169.14K
Circulating Supply
391,721 MTR
Meter Stable News
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About Meter Stable
Meter Stable (MTR) is a stable cryptocurrency designed to function as a reliable unit of account, medium of exchange, and store of value. Its value is linked to the cost of electricity through a proof-of-work system, providing stability and mitigating the volatility seen in other cryptocurrencies. Launched by Xiaohan Zhu in 2020, Meter serves as a foundation for decentralised applications and facilitates cross-chain interactions, offering a stable financial system for the blockchain economy.
Meter Stable (MTR) is primarily used as a stable currency within the cryptocurrency ecosystem, addressing the need for a reliable unit of account and medium of exchange. Its stable value allows decentralised applications (dApps) and their users to interact with the physical world without the complications of cryptocurrency volatility. MTR is essential for pricing goods and services within dApps, eliminating the need for dynamic pricing based on off-chain exchange rates. Additionally, MTR is used to facilitate cross-chain transactions and interactions, acting as a stable financial system for other public blockchains.
Meter Stable (MTR) was founded by Xiaohan Zhu in 2018. The Meter blockchain went live in 2020, establishing itself as a layer-1 blockchain designed to serve as the foundation for applications built on its network, similar to Ethereum.
Meter Stable Markets
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Meter Stable Platforms
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Meter Stable Market Data
The live Meter Stable price today is $0.41 USD with a 24-hour trading volume of $1,051.46 USD. We update our MTR to USD price in real-time. Meter Stable is up 1.11% in the last 24 hours.
The current market cap is $169,138.01 USD. The circulating supply is 391,721 MTR.