Near Protocol plans to launch its own steblecoin called USN

Home / Near Protocol plans to launch its own steblecoin called USN

Near Protocol plans to launch its own steblecoin called USN

posted on April 8, 2022 by in Blockchain

Near Protocol plans to launch its own stablcoin called USN.
Rumors about the stablcoin first surfaced when Zorax Capital founder Zoran Kole announced that Near Protocol was launching a stablcoin that would offer a 20% yield.
In addition, the user interface on the Ref Finance exchange’s test network website began displaying the USN coin along with other popular stablecoins such as USDC, USDT and DAI.
Stablecoin is believed to have begun its testing phase.
Near Protocol is a scalable blockchain that recently raised $350 million in a funding round led by Tiger Global, with participation from Republic Capital, Hashed, FTX Ventures, Dragonfly Capital and others.

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