Stablecoin Information
USN is an over-collateralized stablecoin pegged to the US Dollar. It is a synthetic dollar which provides an yield to users by a basket of delta neutral strategies
Category:crypto-backed
Minting and Redemption
Noon enables users to deposit USDT & USDC as collateral to create USN. Stability is secured through delta-neutral hedging strategies.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | +0.31% | +6.96% | +10.69% | 33.1m | ||
| 0 | -0.00% | -0.00% | -0.00% | 130,595.61 | ||
| 0 | -0.01% | -0.01% | -6.55% | 8,570.55 |