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 | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.37% | +6.35% | +0.61% | 36.32m | ||
| 0.00% | -0.00% | -0.00% | -76.63% | 30,522.63 | ||
| 0.00% | -0.01% | -0.01% | -2.70% | 8,264.58 |