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% | -1.91% | -5.67% | +5.94% | 36.11m | ||
| 0.00% | -0.00% | -0.00% | -0.01% | 30,519.57 | ||
| 0.00% | -0.01% | -0.01% | -0.01% | 8,264.58 |