Near Foundation Urges Winding Down of USN Stablecoin, Sets Aside $40M

source: CoinDesk

2022. Oct. 24. 15:36

Near Foundation Urges Winding Down of USN Stablecoin, Sets Aside $40M The foundation is setting aside $40 million for a "protection program," which it says is equal to the amount of a "collateral gap" associated with the undercollateralization of the USN project.