MUSD-mStable USDDetailed Description

MUSD-mStable USD Detailed Description

mUSD is an aggregated USD stablecoin issued by the mStable protocol. mUSD is one of the mStable assets, which aggregates a basket of similar designated tokenized assets into a new enhanced asset. Currently, mStable provides a 1:1 stablecoin exchange service with zero slippage. Users can mint mUSD by depositing any of the designated USD stablecoins (USDC, DAI, TUSD, USDT). Users can store mUSD in the mStable savings contract to earn interest. The essence is to lend to lending platforms including Compound and Aave. The lending channel is determined by the MTA holder.