USN is an overcollateralized stablecoin.
It is currently backed by NEAR and USDT (more USDT right now), and will be backed by other strong assets in the future
It is not an algostable, and since it isn’t natively integrated into the NEAR protocol, has no ability to mint NEAR
0/It's time for us to bring this topic up for discussion.
This thread will help you understand the difference between USN/NEAR and UST/LUNA
Both are algorithmic stablecoin, but what differentiate USN/NEAR, for them to prevent the same tragic crash that happened to UST and LUNA















