# Mynth

> Track Mynth with daily standardized on-chain data. Compare Mynth with other stablecoin issuers. See charts, financial statements and datasets in one place.

Source: [Mynth on Token Terminal](https://tokenterminal.com/explorer/projects/mynth). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Sectors: Stablecoin issuers

## About

### What it is

Mynth is the issuer of MyUSD, a fully collateralized and redeemable U.S. Dollar stablecoin native to Cardano with yield-bearing features.

### Who uses it

Mynth is a Cardano-native stablecoin protocol.

### How it works

Mynth issues fully collateralized, redeemable stablecoins on Cardano with yield-bearing mechanics.

## Links

- [website](https://mynth.ai/)
- [twitter](https://twitter.com/_mynth_)