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USN

USN USN 

4 Watchlists

Stablecoin

USN Price

0.787
3.82%
(-$ 0.0312)
Price Range
LowHigh
$ 0.782$ 0.818

The NEAR Foundation has recommended the shut down of the USN stablecoin project, running on the NEAR Protocol. An initiative, known as USN Protection Programme, is provided for USN holders to swap their USN tokens on a one-to-one basis for USDT.e, on the NEAR network. For more information kindly check this announcement: https://usnpp.auroralabs.dev/

Latest USN News and Social Media Feed

Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

Evgeny Gaevoy, the CEO of Crypto market maker Wintermute, said his firm would take legal action against Near(NEAR) Foundation and Aurora Labs for f...
Nov, 08, 2023
2 min read
by CryptoSlate
Wintermute to Sue Near Foundation Over Failure to Honor $11M Stablecoin Redemption Deal With FTX

Wintermute to Sue Near Foundation Over Failure to Honor $11M Stablecoin Redemption Deal With FTX

The Near Foundation has refused to execute Wintermute’s USN redemptions for over two months.
Nov, 08, 2023
2 min read
by CryptoPotato
NEAR CEO Rejects Wintermute’s 11.2M USN Token Swap for USDT Request

NEAR CEO Rejects Wintermute’s 11.2M USN Token Swap for USDT Request

NEAR Foundation CEO Illia Polosukhin revealed that the organization had denied a request from crypto market maker Wintermute to exchange 11.2 milli...
Nov, 08, 2023
< 1 min read
by CoinEdition
NEAR backed out from a $11 million stablecoin redemption deal with Wintermute

NEAR backed out from a $11 million stablecoin redemption deal with Wintermute

Among the major recent events in crypto involve NEAR and Wintermute’s platforms revolving around their stablecoin redemption deal that’s worth mill...
Nov, 08, 2023
3 min read
by CryptoPolitan
Wintermute Considers Legal Action as NEAR Foundation Refuses Redemption of $11.2 Million USN Stablecoin

Wintermute Considers Legal Action as NEAR Foundation Refuses Redemption of $11.2 Million USN Stablecoin

Image Source: Wintermute Crypto market maker Wintermute is considering legal action after the NEAR Foundation and Aurora allegedly failed to honor ...
Nov, 08, 2023
2 min read
by Cryptonews
Wintermute Accuses NEAR Foundation and Aurora Labs of Failing to Redeem USN Stablecoin

Wintermute Accuses NEAR Foundation and Aurora Labs of Failing to Redeem USN Stablecoin

The post Wintermute Accuses NEAR Foundation and Aurora Labs of Failing to Redeem USN Stablecoin appeared first on Coinpedia Fintech News Wintermute...
Nov, 08, 2023
2 min read
by Coinpedia
NEAR Token Lights Up: 22% Price Surge In Seven Days, Network Activity Skyrockets By 350%

NEAR Token Lights Up: 22% Price Surge In Seven Days, Network Activity Skyrockets By 350%

NEAR Protocol, a Blockchain Operating System (BOS), demonstrated notable growth in the third quarter of 2023, defying the challenging conditions of...
Oct, 27, 2023
3 min read
by NewsBTC
Bear Market Woes: NEAR Foundation’s Treasury Loses $200 Million

Bear Market Woes: NEAR Foundation’s Treasury Loses $200 Million

The NEAR cryptocurrency’s hit in price seems to have made its way to the NEAR Foundation’s treasury. According to the foundation behind NEAR’s laye...
Jul, 11, 2023
2 min read
by Bitcoinist