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:
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.60% | +3.09% | -3.27% | 37.76m | ||
| 0.00% | -0.01% | -0.21% | -0.21% | 8,247.58 | ||
| 0.00% | +0.01% | +0.01% | -82.66% | 5,293.33 |