mStable USD
MUSD#2128 by market capNot covered. The criterion it missed: market cap below the 5,000,000 USD floor.
What it is for
mStable USD
A stable digital dollar
190 coins tagged Stablecoins, worth $306.22B together. Bigger circle, bigger coin. Order is size only.
mUSD is a meta-stablecoin with a native yield
Problem it says it solves: a stable digital dollar. 190 coins are working on it and together they are worth $306,216,633,952. This coin is 0% of that.
Fiat-backed Stablecoin 87 coins, together worth $290.45B. Sorted by size.
The average coin in this group is worth $3.38B. To match it, this coin's price would need to rise 117692%, to about $1,175.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| mStable USD | $2,867,186 | +0.0% | – | no record |
| Tether | $183,405,078,991 | −0.0% | – | no record |
| USDC | $74,156,123,297 | +0.0% | – | none dated |
| USDS | $9,805,780,159 | −0.0% | – | no record |
| Dai | $4,577,689,031 | +0.0% | – | no record |
| Ethena USDe | $4,531,182,560 | −0.0% | – | no record |
| Global Dollar | $3,306,024,307 | −0.0% | – | none dated |
USD Stablecoin 102 coins, together worth $301.53B. Sorted by size.
The average coin in this group is worth $2.99B. To match it, this coin's price would need to rise 104023%, to about $1,038.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| mStable USD | $2,867,186 | +0.0% | – | no record |
| Tether | $183,405,078,991 | −0.0% | – | no record |
| USDC | $74,156,123,297 | +0.0% | – | none dated |
| USDS | $9,805,780,159 | −0.0% | – | no record |
| Dai | $4,577,689,031 | +0.0% | – | no record |
| Ethena USDe | $4,531,182,560 | −0.0% | – | no record |
| USD1 | $4,278,210,442 | +0.0% | – | no record |
Grouping is CoinGecko’s category tags, most specific first. Order is size, nothing else.
Roadmap and delivery
mStable USD
No record yet, so nothing to draw.
What is coming
mStable USD
No record yet.
Price and size
mStable USD
The last 7 days
Where today sits against its highest ever price
Highest ever: $5.51 on 20 January 2026. Today is 18% of that.
$0.9973 +0.0% today
7 days −1.0%. Market cap $2,867,186, #2023 of all coins. Its all-time high was $5.51 on 20 January 2026, so it is −81.9% from the top.
CoinGecko, refreshed hourly. Not part of the record.
mStable USD is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9973, #2023 of all coins by size, 82% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Who holds the supply
mStable USD
100%
of all MUSD that will ever exist is already out in public hands: 2.88M coins.
Nothing is held back. Every coin is already out.
out held back. Each dot is 1%.
- 2.88Min circulation of 2.88M total. No hard maximum is set, so more can be created.
- of its all-time high of $5.51 on 20 January 2026. That is −81.9% from the top.
- #2023by market cap, $2,867,186.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
2.88M coins, all of them already out. Nothing is held back to be released later.
$0.9973 +0.0% today
7 days −1.0%. Market cap $2,867,186, #2023 of all coins. Its all-time high was $5.51 on 20 January 2026, so it is −81.9% from the top.
CoinGecko, refreshed hourly. Not part of the record.
mStable USD is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9973, #2023 of all coins by size, 82% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Competitors
mStable USD
Fiat-backed Stablecoin: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
mStable USD$2.87Mthis coin+0.0%no maxno record
Tether$183.41B63966.9× bigger, +$183.4B−0.0%, gap −0.0no maxno record
USDC$74.16B25863.7× bigger, +$74.15B+0.0%, gap +0.0no maxnone dated
USDS$9.81B3420.0× bigger, +$9.8B−0.0%, gap −0.0no maxno record
Dai$4.58B1596.6× bigger, +$4.57B+0.0%, gap +0.0no maxno record
Ethena USDe$4.53B1580.4× bigger, +$4.53B−0.0%, gap −0.0no maxno record
Global Dollar$3.31B1153.1× bigger, +$3.3B−0.0%, gap −0.0no maxnone dated
PayPal USD$2.82B982.2× bigger, +$2.81B−0.0%, gap −0.0no maxno record
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
Fiat-backed Stablecoin: this coin next to the group's largest, Tether.
| mStable USD | Tether | |
|---|---|---|
| Years trading | 7 months | 12 years |
| Major exchanges | 0 | 6 |
| Named backers | 0 | 0 |
| Headlines, last month | 0 | 121 |
| Promises delivered | no record | no record |
What it says is different: mUSD is a meta-stablecoin with a native yield
It is 0.0% the size of Tether. On the facts above it is behind on years trading, major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
Fiat-backed Stablecoin 87 coins, together worth $290.45B. Sorted by size.
The average coin in this group is worth $3.38B. To match it, this coin's price would need to rise 117692%, to about $1,175.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| mStable USD | $2,867,186 | +0.0% | – | no record |
| Tether | $183,405,078,991 | −0.0% | – | no record |
| USDC | $74,156,123,297 | +0.0% | – | none dated |
| USDS | $9,805,780,159 | −0.0% | – | no record |
| Dai | $4,577,689,031 | +0.0% | – | no record |
| Ethena USDe | $4,531,182,560 | −0.0% | – | no record |
| Global Dollar | $3,306,024,307 | −0.0% | – | none dated |
USD Stablecoin 102 coins, together worth $301.53B. Sorted by size.
The average coin in this group is worth $2.99B. To match it, this coin's price would need to rise 104023%, to about $1,038.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| mStable USD | $2,867,186 | +0.0% | – | no record |
| Tether | $183,405,078,991 | −0.0% | – | no record |
| USDC | $74,156,123,297 | +0.0% | – | none dated |
| USDS | $9,805,780,159 | −0.0% | – | no record |
| Dai | $4,577,689,031 | +0.0% | – | no record |
| Ethena USDe | $4,531,182,560 | −0.0% | – | no record |
| USD1 | $4,278,210,442 | +0.0% | – | no record |
Grouping is CoinGecko’s category tags, most specific first. Order is size, nothing else.
A stable digital dollar
190 coins tagged Stablecoins, worth $306.22B together. Bigger circle, bigger coin. Order is size only.
In the news
mStable USD
Nothing in the news this month.
mStable USD is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9973, #2023 of all coins by size, 82% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.
What holding it gets you
mStable USD
Meant to stay at one dollar
Holding it is holding a copy of a dollar. It is not built to rise.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
mUSD is a meta-stablecoin with a native yield
Problem it says it solves: a stable digital dollar. 190 coins are working on it and together they are worth $306,216,633,952. This coin is 0% of that.
Venue list not fetched yet.
Worth a look?
mStable USD
0 of 4
- –A real-world jobDoes it say what problem it solves, in a category that is not a joke?
- –Real backingA named investor, an index, a major exchange, or a billion-dollar size.
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- –Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
mStable USD is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9973, #2023 of all coins by size, 82% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Fiat-backed Stablecoin: this coin next to the group's largest, Tether.
| mStable USD | Tether | |
|---|---|---|
| Years trading | 7 months | 12 years |
| Major exchanges | 0 | 6 |
| Named backers | 0 | 0 |
| Headlines, last month | 0 | 121 |
| Promises delivered | no record | no record |
What it says is different: mUSD is a meta-stablecoin with a native yield
It is 0.0% the size of Tether. On the facts above it is behind on years trading, major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
mUSD is a meta-stablecoin with a native yield
Problem it says it solves: a stable digital dollar. 190 coins are working on it and together they are worth $306,216,633,952. This coin is 0% of that.
The record
mStable USD
Not covered. The criterion it missed: market cap below the 5,000,000 USD floor.
Homepage as listed: http://mstable.org