Record sog_issuer_mstable

mStable

DeFi protocol ecosystem that introduced mUSD and later shifted its current product focus toward yield strategies while preserving legacy withdrawal tooling.

Category
Protocol or software system
Regulatory character
Protocol or decentralized system
Jurisdiction
Unknown or not publicly resolved
Scope: Unknown or not publicly resolved
Connected assets
1
Relationships
1 current
0 historical

Reviewed identity

Organization summary

The primary category, regulatory character, jurisdiction, asset count, relationship count, and Evidence count are already shown above.

DeFi protocol ecosystem that introduced mUSD and later shifted its current product focus toward yield strategies while preserving legacy withdrawal tooling.

Legal form
Not recorded in canonical data
Functional roles
Protocol operator
Official website
https://www.mstable.com/
Record confidence
High
Last reviewed
2026-06-14

Connected assets

Relationships

Current, ended, and unknown relationships remain separate. Primary display is navigation only.
StablecoinRolePeriodStateLifecycle
mStable USDPrimary displayProtocol operatorNot yet recordedNot yet recordedActive relationshipRestricted

mStable USD

Primary

Protocol operator

Start not recorded – Present / not recorded

Material history

Events

The five latest typed events are shown first. Control actions remain linked to evidence.
DateEventTypeEffect
2026-01-23mUSD remains a limited legacy product during the mStable relaunchRedemption ChangeRedemption changeRestricted or impaired
2020-06-05mStable production security program covers core mUSD functionsProduction Security Program StartSecurity and chain incidentRemained active
2020-05-29mStable mainnet availability is reportedMainnet Availability ReportLaunch and introductionRemained active

Provenance

Evidence

The first ten source records are shown initially. Source identity, publication date, reliability, and archive state remain separate.
8 source identities · 8 evidence relations
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
mUSD asset documentation
Published Not yet recorded
mStable DocumentationOfficial documentation or product page
Canonical: Official Documentation
Subject-controlled sourcePrimary sourceAsset Mechanics, Basket Backing, Mint RedemptionArchive index or wildcardHigh
mStable Save and imUSD documentation
Published Not yet recorded
mStable DocumentationOfficial documentation or product page
Canonical: Official Documentation
Subject-controlled sourcePrimary sourceAdjacent Asset Boundary, Imusd Distinction, Yield LayerArchive index or wildcardHigh
mStable current product site and relaunch materials
Published Not yet recorded
mStableOfficial statement or announcement
Canonical: Official Statement
Subject-controlled sourcePrimary sourceCurrent Product Focus, Legacy Transition, Organization StatusArchive index or wildcardHigh
mStable legacy withdrawal application
Published Not yet recorded
mStableOfficial documentation or product page
Canonical: Official Application
Subject-controlled sourcePrimary sourceLegacy Withdrawal Path, Redemption Exit, Current InterfaceDirect archived snapshotHigh
mUSD Ethereum contract and source verification
Published 2020-05-28
EtherscanOn-chain record or explorer
Canonical: Onchain Contract
Technical primary sourcePrimary sourceContract Identity, Source Verification Date, Deployment Readiness, Ethereum Contract Identity and VerificationArchive index or wildcardHigh
mStable Now Live on Mainnet
Published 2020-05-29
EthFinance community link recordArchive or historical record
Canonical: Contemporaneous Record
Archive capturePrimary sourceCandidate Launch Date, Mainnet Availability, Contemporaneous Mainnet Availability RecordArchive index or wildcardMedium
DeFi Produces COMP Short Selling
Published Not yet recorded
The DefiantIndependent news or analysis
Canonical: News Article
Independent third-party sourceSecondary sourceCandidate Launch Date, Early Protocol History, Historical Launch Date SupportArchive index or wildcardMedium
mStable bug bounty and production security scope
Published Not yet recorded
mStable Developer DocumentationOfficial documentation or product page
Canonical: Official Documentation
Subject-controlled sourcePrimary sourceSecurity Program Start, Masset Contracts, Mint, Swap, Redeem, Save, Production Security and FunctionalityArchive index or wildcardHigh
Official documentation or product page

mUSD asset documentation

High
Publisher
mStable Documentation
Published
Not yet recorded
Provenance
Subject-controlled source
Primary or secondary
Primary source
Supported claims
Asset Mechanics, Basket Backing, Mint Redemption
Reliability
High
Official documentation or product page

mStable Save and imUSD documentation

High
Publisher
mStable Documentation
Published
Not yet recorded
Provenance
Subject-controlled source
Primary or secondary
Primary source
Supported claims
Adjacent Asset Boundary, Imusd Distinction, Yield Layer
Reliability
High
Official documentation or product page

mStable legacy withdrawal application

High
Publisher
mStable
Published
Not yet recorded
Provenance
Subject-controlled source
Primary or secondary
Primary source
Supported claims
Legacy Withdrawal Path, Redemption Exit, Current Interface
Reliability
High
High
Publisher
Etherscan
Published
2020-05-28
Provenance
Technical primary source
Primary or secondary
Primary source
Supported claims
Contract Identity, Source Verification Date, Deployment Readiness, Ethereum Contract Identity and Verification
Reliability
High
Archive or historical record

mStable Now Live on Mainnet

Medium
Publisher
EthFinance community link record
Published
2020-05-29
Provenance
Archive capture
Primary or secondary
Primary source
Supported claims
Candidate Launch Date, Mainnet Availability, Contemporaneous Mainnet Availability Record
Reliability
Medium
Independent news or analysis

DeFi Produces COMP Short Selling

Medium
Publisher
The Defiant
Published
Not yet recorded
Provenance
Independent third-party source
Primary or secondary
Secondary source
Supported claims
Candidate Launch Date, Early Protocol History, Historical Launch Date Support
Reliability
Medium
Official documentation or product page

mStable bug bounty and production security scope

High
Publisher
mStable Developer Documentation
Published
Not yet recorded
Provenance
Subject-controlled source
Primary or secondary
Primary source
Supported claims
Security Program Start, Masset Contracts, Mint, Swap, Redeem, Save, Production Security and Functionality
Reliability
High
UncertaintyKnown unknowns3

Current Mint and Redeem State

The current availability of normal mUSD minting, basket redemption, and every legacy frontend route has not been fully verified against live contracts.

High · last checked 2026-06-14

A withdrawal interface supports limited exit availability but does not prove open issuance.

Residual Basket and Crosschain State

Current Ethereum and Polygon basket composition, feeder-pool state, liquidity depth, and cross-chain support require direct contract-level review.

Medium · last checked 2026-06-14

Historical documentation is not treated as a current reserve report.

Exact Public Launch Boundary

The Ethereum contract verification is fixed to 2020-05-28, May 29 is the strongest recovered mainnet-live candidate, and official production-security coverage is fixed to 2020-06-05. The original first-party launch announcement, exact creation transaction, and first permissionless mint remain unresolved.

Low · last checked 2026-06-25

Keep launch date null. Do not substitute contract verification, secondary historical reporting, or later Save activation for a primary-source public-launch boundary.

Maintenance

Corrections and further reading

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