Near Foundation sets up $40M fund to bail out USN investors in case of collapse

October 25, 2022 by DIGIT

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The program was launched after Decentral Bank, the issuer of NEAR-native stablecoin USN, raised concerns about the stablecoin depegging due to algorithmic failure.

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Ethereum(ETH)$2,276.83-6.79%
Tether(USDT)$1.000.02%
XRP(XRP)$2.01-5.74%
BNB(BNB)$629.53-1.96%
Solana(SOL)$133.24-6.13%
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Dogecoin(DOGE)$0.155553-4.59%
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