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

By Cointelegraph - 1 year ago - Reading Time: 1 minutes

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

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

Original source: Cointelegraph