Mezo USD (MUSD) Price

Mezo USD (MEZOUSD) is the USD-pegged stablecoin used in the Mezo ecosystem. In Mezo documentation it is referred to as MUSD and is described as a permissionless stablecoin intended to maintain a 1:1 peg with the US dollar and backed by Bitcoin reserves. MUSD is minted by borrowing against BTC collateral through Mezo’s CDP-style borrowing system, then repaid (plus interest) to unlock the collateral. Mezo documentation also describes redemption mechanisms intended to support the peg and outlines cross-chain deployments and bridging for MUSD using Wormhole’s Native Token Transfer (NTT) framework.

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.