Equity Overview
Price & Market Data
Price: $0.512
Daily Change: -$0.0109 / 2.12%
Daily Range: $0.495 - $0.534
Market Cap: $200,715
Daily Volume: 7,107
Details
Meter Stable (MTR) is a stable cryptocurrency designed to function as a reliable unit of account, medium of exchange, and store of value. Its value is linked to the cost of electricity through a proof-of-work system, providing stability and mitigating the volatility seen in other cryptocurrencies. Launched by Xiaohan Zhu in 2020, Meter serves as a foundation for decentralised applications and facilitates cross-chain interactions, offering a stable financial system for the blockchain economy.