Mezo USD (MUSD) stablecoin analytics
MUSD is Mezo's BTC-only overcollateralized stablecoin on Mezo's Bitcoin L2, minted at 110% minimum against native and wrapped BTC via Liquity v1.
Static Profile
Static stablecoin profile
Mezo USD (MUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Jun 3, 2026
Liquity-style BTC-backed CDP stablecoin on Mezo's Bitcoin L2, with sound redemption mechanics now dragged into D-grade territory by thin liquidity and concentrated control; persistent above-peg drift from defensive overcollateralization. Mezo's meUSD applies Liquity-style CDP...
AI summary · drafted by claude-opus-4-8 · reviewed by @TokenBrice on Jun 3, 2026 · facts as of Jun 3, 2026
- Collateral
- Bitcoin only; minimum 110% collateral ratio
- Peg Mechanism
- BTC-only overcollateralized CDP with direct $1 BTC redemption; operates on Mezo (Bitcoin L2, not Ethereum or a Stage 1 L2)
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Snippet Answer
Is MUSD safe?
Pharos does not mark MUSD as absolutely safe. Static metadata says Mezo USD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety meusd-mezo
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Jun 3, 2026.
MUSD quick answers
What is Mezo USD (MUSD)?
MUSD is Mezo's BTC-only overcollateralized stablecoin on Mezo's Bitcoin L2, minted at 110% minimum against native and wrapped BTC via Liquity v1. The static profile records its US Dollar peg mechanism as: BTC-only overcollateralized CDP with direct $1 BTC redemption; operates on Mezo (Bitcoin L2, not Ethereum or a Stage 1 L2)
What backs MUSD?
Pharos classifies MUSD backing as Crypto-Collateralized. Collateral, per the static profile: Bitcoin only; minimum 110% collateral ratio Reserve evidence: live reserve feed configured.
Can MUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for MUSD, when applicable, appear in the dossier below.