mStable USD

A USD stablecoin backed by other stablecoins, mUSD relies on a range of other USD-pegged coins to maintain its value. It does this by holding large pools of other stablecoins, maintaining its own mUSD cryptocurrency, and building tools for this larger aggregate of stablecoins to serve as decentralized liquidity pools. In turn, the mUSD contributes a range of structural solutions for other DeFi projects to build on. Rather than viewing other stablecoins as competition mUSD things that working with a wide range of other stablecoin projects gives every project more security, stability and utility. Just like apes, together, stablecoins strong.

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