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NEAR abandons its native stablecoin to avoid a Terra-style scenario | Invezz

November 3, 2022 by admin
NEAR abandons its native stablecoin to avoid a Terra-style scenario | Invezz

Like a spark, USN shined for a short time, then faded. Issued by Decentral Bank (DCB) in April 2022, it became the first native stablecoin in the NEAR ecosystem – one of the largest crypto communities comprising almost 900 crypto projects and boasting high scalability amid low fees. USN was designed to serve as an …

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