Cryptocurrency USN (USN)
The price for USN (USN) cryptocurrency is currently 1.05 $ (15 min delay),
daily range of currency change is 0.00 - 0.00 .
Last 24 hours news: trading volume -
42.00 $, price variance
0%
.
Chart USN (USN)
USN Quotes
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What is USN (USN)
$USN is a NEAR-native stablecoin soft-pegged to the US Dollar, backed by a Reserve Fund that contains $NEAR, as well as $USDT initially. $USNâs core stability mechanisms consist of on-chain arbitrage and the Reserve Fund based on the Currency Board principle. Combining the growth potential of $UST and the strong peg defense of $FRAX, $USN is positioned to be one of the most effective ways to bootstrap liquidity in the NEAR ecosystem; all while adding a new layer to $NEARâs utility as a token. $USNâs smart contracts and Reserve Fund are managed by the Decentral Bank DAO.
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