The decentralized application (dApp) platform Near Protocol is said to be preparing to launch the stablecoin with the acronym USN.
As The Block reported on April 8, Near Protocol plans to launch its own stablecoin called USN.
The first rumors of Near Protocol’s stablecoin were revealed in a post on Zoran Kole’s website, the founder of Zorax Capital. revealed by claiming that he will issue a stablecoin It is said to be out.
on twitter sleuht on the testnet version of Ref Finance, one of Near’s largest decentralized exchanges. see the USN He claimed.
According to Sleuht, on the interface page on Ref Finance’s testnet website USN where stablecoins like USDC, USDT and DAI reside it looks too.
The Block, Terra USD (UST) that they could not reach any information about whether it will offer high returns such as stated.
150 million dollars investment 3 months ago On April 6, Near Protocol took part in the investment round led by Tiger Global. 350 million dollars had invested. It is not yet known whether this investment will be used for the stablecoin project.
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