arXiv:2611.07758v1 Announce Type: new Abstract: The integration of offshore wind farms (OWFs) and the interconnection of different transmission networks are key drivers for multi-terminal DC (MTDC) systems. Bipolar high-voltage direct current (HVDC) employing dedicated metallic return (DMR) are attractive due to their increased availability, which co-exist with monopolar and rigid bipole configurations. While existing works focus on symmetric operation and particular configurations, we present a unified framework for MTDC stability analysis valid for both symmetric and asymmetric conditions. The formulation uses the minimum number of variables without loss of information, and combines the analytical network representation with black-box converter models, thereby enabling sensitivity studies. In addition, a closed-form expression guiding the stability improvement is presented, which requires minimal data exchange between involved parties. The framework is demonstrated on several case studies of increasing complexity, which highlight the importance of considering intra-station converter couplings and possible uncertainty of network parameters.