MTRMeter Stable प्राइस

Meter Stable ($MTR) is a metastable coin designed to function as both a unit of account and a medium of exchange within the Meter ecosystem. Unlike typical stablecoins that are pegged to fiat currencies or other digital assets, MTR is anchored to the cost of consuming 10 kWh of electricity. This approach is based on the historical stability of electricity pricing, which, when adjusted for inflation, has proven to endure better than many fiat currencies.

The primary aim of Meter Stable is to establish a low-volatility cryptocurrency that serves effectively in transactions while maintaining long-term purchasing power. By employing a SHA256 Proof of Work (PoW) consensus mechanism similar to that of Bitcoin, Meter is able to mitigate counter-party, regulatory, and oracle risks that tend to burden traditional crypto and fiat-backed stablecoins.