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USN($USN)
$1.004
Low $0.0
High $0.0
What is 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. $USN’s core stability mechanisms consist of on-chain arbitrage and the Reserve Fund based on the Curren...
$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. $USN’s 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 $NEAR’s utility as a token. $USN’s smart contracts and Reserve Fund are managed by the Decentral Bank DAO.
Funds
Influencers
Twitter Mentions

2 mentions
CoinScouts Grade
Market Statistics

Volume
$5,950.00
Market Cap
$0.00
Fully Diluted
n/a
Market cap Value
0 %
Circulating Supply
0
Max Supply
∞
Total Supply
∞
% of Total Supply
UnkownSelf Reporting
Self-Reporting Dashboard (SRD)
Statistics
USN Statistics
Name
USNTicker
USNPrice
$1.00424 Hour Trading Volume
$5,950.0024 Hour Volume Change
686.50%Market cap
$0.0024 Hour Market Cap Change
0.00%Fully Diluted Market Cap
n/aPrice change 24 hour
0.10%Price change 7 days
0.00%Price change 14 days
-9.37%Price change 30 days
27.75%All Time Low/High
$0.745131 | $1.12Percentage Change Since All Time High
-1.00%Percentage Change Since All Time Low
48.60%Market cap rank
N/AVolume / Market Cap
0Issuance Blockchain
AuroraCirculating Supply
0Max Supply
∞Total Supply
∞24h Volatility
$0.05Twitter Followers
1,487,045Telegram Users
0Reddit Subscribers
0Github subs
0Github issues
0USN Markets
Upcoming USN Events
No upcoming events for USN known.
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USN News

NEAR Protocol Scraps USN Stablecoin
A $40 million collateral gap has forced the shutdown of the USN stablecoin, which was launched in April 2022 by the NEAR Protocol. Tokens Destroyed, TVL Drop The USN stablecoin was issued by the Decentral Bank...Read full story
y Crypto Daily
Last updated 4 months ago
Neutral

Why The NEAR Foundation Will End Stablecoin USN
The NEAR Foundation will terminate its algorithmic stablecoin USN in the coming months. The organization launched a program to support the digital asset's wind-down....Read full story
y Bitcoinist
Last updated 4 months ago
Neutral

NEAR Protocol Scraps USN Stablecoin
A $40 million collateral gap has forced the shutdown of the USN stablecoin, which was launched in April 2022 by the NEAR Protocol. Tokens Destroyed, TVL Drop The USN stablecoin was issued by the Decentral Bank... Read full story
By Crypto Daily | Last updated 4 months ago |
Neutral

Why The NEAR Foundation Will End Stablecoin USN
The NEAR Foundation will terminate its algorithmic stablecoin USN in the coming months. The organization launched a program to support the digital asset's wind-down.... Read full story
By Bitcoinist | Last updated 4 months ago |
Neutral