
mStable USD
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MUSD
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Stablecoin
About mStable USDmStable USD (MUSD) is a stablecoin backed by a basket of other stablecoins (USDC, USDT, DAI, sUSD) issued by mStable protocol. Following mStable's 2023 acquisition by dHEDGE, which relaunched in late 2025 as a yield-vault aggregator, MUSD is no longer the protocol's active focus; it remains nominally redeemable but should be treated as a legacy, largely inactive product rather than a growing stablecoin.
Assets Details 
Access Model
Redeemable
-Attestations
-CEX Listed
-KYC to mint or redeem
-Transferable
-Self Custody
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