#### What is mStable BTC? mStable [BTC](https://www.coinbase.com/learn/crypto-basics/what-is-bitcoin) (MBTC) is a digital asset that aims to combine the appeal of meme [tokens](https://www.coinbase.com/learn/crypto-basics/what-is-a-token) with the stability and potential of Bitcoin. It is built on the Binance Smart Chain, which is known for its speed and reliability. MBTC has a limited supply of 21,000,000 tokens, with 50% of these tokens burned at launch, making it a unique asset in the [cryptocurrency](https://www.coinbase.com/learn/crypto-basics/what-is-cryptocurrency) space. The asset aims to provide holders with reflections in Bitcoin, a feature that sets it apart from other digital assets. #### How does mStable BTC work? MBTC operates on the Binance Smart Chain, which allows for faster transaction speeds compared to Bitcoin. It aims to distribute 6% of every transaction to all holders, simply by holding MBTC. Additionally, 3% of every transaction is automatically added to the marketing budget and buyback, and 1% is bought and burned, effectively removing it from circulation. This mechanism aims to create a balance between supply and demand, potentially stabilizing the asset's value over time. #### What are the potential use cases for mStable BTC? MBTC seeks to serve as a digital asset that combines the potential of Bitcoin with the speed and reliability of the Binance Smart Chain. It aims to provide holders with reflections in Bitcoin, which could potentially make it an attractive asset for those interested in gaining exposure to Bitcoin. Additionally, the asset's limited supply and burn mechanism could potentially make it a scarce resource in the cryptocurrency space, which could drive demand among digital asset enthusiasts. #### What is the history of mStable BTC? MBTC was created in response to the global rise in [inflation](https://www.coinbase.com/learn/crypto-basics/what-is-inflation) and the exponential growth of the meme coin ecosystem. It was designed to offer a faster and more reliable alternative to Bitcoin, which was built on an older, slower system. The asset was launched with a limited supply of 21,000,000 tokens, with 50% of these tokens burned at launch. Since its inception, MBTC has aimed to provide holders with reflections in Bitcoin and to maintain a balance between supply and demand through its unique transaction fee structure.