HostMSUSD vs USDT — price, size and safety, side by side
MSUSD (Base) vs USDT (BNB Chain) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-16 / 2026-10-17.
MSUSD vs USDT — normalized performance, 2026-09-21 to 2026-10-16T21:15:32
| MSUSD | USDT | |
|---|---|---|
| Price | $0.8864 | $0.9991 |
| Market cap | $45.74M | $9.19B |
| 24h volume | $1.34M DEX | $1.12B DEX |
| Liquidity | $5.24M | $548.60M |
| FDV | $16.75M | $9.19B |
| Holders | 5,519 | 80,624,971 |
| Age (days) | 671 | 311 |
| Safety grade | B | B |
Where they differ
- USDT measures ~201× the market cap of MSUSD
- USDT measures ~105× the liquidity of MSUSD
- USDT measures ~833× the 24h volume of MSUSD
- USDT measures ~14,609× the holder count of MSUSD
What the data says
MSUSD
msUSD is Metronome Synth's synthetic dollar — you deposit volatile collateral (ETH, BTC wrappers) into the Synth engine and mint dollar-denominated synthetic positions against it. The contract 0x526728dbc96689597f85ae4cd716d4f7fccbae9d is the Base deployment our scan tracks, at $5.2 million of pool liquidity as of October 6, 2026.
The honest note, stated plainly: a synthetic dollar is not a stablecoin — msUSD can and does trade off its one-dollar mark (our current read shows it well below), because its price is set by pool dynamics and mint-redemption incentives, not by an issuer redeeming at par. That is a different risk class from USDC or USDT — hold it as a leveraged-collateral instrument, not as cash.
USDT
USDT on BSC is Tether's dollar on the chain that still clears a meaningful share of stablecoin volume — issued by Binance's peg mechanism under the BEP-20 standard at 0x55d398326f99059ff775485246999027b3197955, the canonical BSC mint. Our October 9, 2026 snapshot reads $548.6 million of tracked pool liquidity.
The honest chain note: this is a pegged representation — the reserve sits with Tether, and the BSC contract is Binance's wrapped issuance of that claim, not a second Tether mint. That makes its risk profile two-layered: Tether's attestation cadence underneath, plus the bridge-custody layer Binance operates on top. For most users the distinction never matters; for anyone holding size it is the entire question.
FAQ
Which is bigger, MSUSD or USDT?
By tracked market cap: MSUSD (Base) measures $45.74M and USDT (BNB Chain) measures $9.19B — dated snapshots, not a live feed.
Which is safer, MSUSD or USDT?
On the contract checks we publish: MSUSD (Base) grades B and USDT (BNB Chain) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have MSUSD and USDT performed over the shared window?
Between 2026-09-21 and 2026-10-16T21:15:32, the measured snapshots show MSUSD at −0.64% and USDT at +0.15%.
The grade column is the one CMC's compare page cannot print — our grade is computed from the contract itself (mint/freeze authority, liquidity, holder concentration). Changes are measured over the shared window stated on the chart, 2026-09-21→2026-10-16T21:15:32; a token with fewer measured points measures a shorter span inside it.
Figures are dated on-chain snapshots, not a live feed. Safety grades are structural checks — not investment advice. Free · no signup · a HostDeFi product.