Noble, based on the Cosmos blockchain, recently launched the stablecoin USDN, which is priced in US dollars and uses the decentralized stablecoin infrastructure provided by M^0. M^0 is an Ethereum protocol that helps developers customize stablecoins, providing branding, compliance tools, profit distribution, and support from companies such as Bain Capital, Galaxy Ventures, and Wintermute Ventures. The stablecoin of this protocol is only issued by approved 'monedaers' and is backed by short-term US government bonds. The goal is to connect stablecoin issuance with decentralized networks, support a consortium of stablecoin issuers, and share profits among accredited distributors. Noble focuses on facilitating cross-chain stablecoin transfers and providing support to multiple stablecoin issuers. (TheBlock)
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Noble Cadena de bloques推出 USDN 稳定币，采用 M^0 Descentralización基础设施
Noble, based on the Cosmos blockchain, recently launched the stablecoin USDN, which is priced in US dollars and uses the decentralized stablecoin infrastructure provided by M^0. M^0 is an Ethereum protocol that helps developers customize stablecoins, providing branding, compliance tools, profit distribution, and support from companies such as Bain Capital, Galaxy Ventures, and Wintermute Ventures. The stablecoin of this protocol is only issued by approved 'monedaers' and is backed by short-term US government bonds. The goal is to connect stablecoin issuance with decentralized networks, support a consortium of stablecoin issuers, and share profits among accredited distributors. Noble focuses on facilitating cross-chain stablecoin transfers and providing support to multiple stablecoin issuers. (TheBlock)