When you hear MAI token, a decentralized stablecoin issued by the Mai Finance protocol that maintains a 1:1 peg with the US dollar using crypto collateral. Also known as Mai Stablecoin, it’s one of the few stablecoins that doesn’t rely on banks or fiat reserves—just crypto locked in smart contracts. Unlike USDT or USDC, MAI isn’t issued by a company holding cash in a bank. It’s created by users who lock up assets like ETH, BTC, or SOL in a vault and borrow MAI against them. This makes it truly decentralized, and that’s why it’s popular in DeFi circles.
MAI works with the Mai Finance, a non-custodial protocol built on the Avalanche blockchain that lets users mint stablecoins using overcollateralized positions. Also known as Mai Protocol, it’s designed to be simple: deposit your crypto, borrow MAI, pay back with interest, and unlock your assets. The system uses a dynamic interest rate that adjusts based on demand. If more people want to borrow MAI, rates go up to slow things down. If no one’s borrowing, rates drop to encourage usage. It’s not perfect, but it’s transparent—every vault, every loan, every payment is on-chain and public.
You’ll find MAI used mostly in DeFi, a system of open financial applications built on blockchains that let users lend, borrow, and trade without banks. Also known as decentralized finance, it’s where MAI shines because it avoids the regulatory risks tied to centralized stablecoins. Traders use it to hedge against volatility without leaving the crypto ecosystem. Yield farmers stake MAI in liquidity pools to earn rewards. Some DeFi platforms even accept MAI as collateral for loans. It’s not the biggest stablecoin out there, but it’s one of the few that’s truly community-run and censorship-resistant.
What makes MAI different isn’t just the tech—it’s the philosophy. It’s not meant to replace the dollar. It’s meant to give you a stable way to move value across blockchains without trusting a company. You don’t need KYC. You don’t need a bank account. You just need crypto to lock up and the willingness to manage your own risk. That’s why you’ll see it mentioned in posts about airdrops, DeFi platforms, and crypto exchanges that support non-traditional stablecoins.
The posts below cover real cases: how MAI fits into DeFi strategies, which exchanges list it, how to mint it safely, and what happens when collateral values crash. You’ll also find stories about people who lost money because they didn’t understand liquidation thresholds—and others who turned small deposits into solid returns by using MAI smartly. Whether you’re new to stablecoins or you’ve been trading for years, these guides cut through the noise and show you what actually works in 2025.
11 January
MuxyAI (MAI) is a crypto protocol designed for AI agents to pay for services using the Morph blockchain. But it's not listed on any exchange yet - making it unbuyable and untradeable. Here's what it really is.
