What’s the charm of the USDN, an algorithmic stabilizing currency, causing a market heat？
Bitcoin recently re-broke the 80,000 mark, and the blockchain industry has exploded again, attracting hot discussions from outside the world, with algorithmic Stablecoin USDN the most frequently discussed by market investors.
USDN is based on the value of Stablecoin in NGK.IO blockchain, one USDN for $1, USDN uses the way smart blockchain contracts are issued, through the transparency of smart contracts, can make the market USDN holder get the algorithm stable endorsement.
The USDN is the strongest trust system in the digital market, a token that anchors the world and a universal digital token that connects the global digital economy. Under the premise of compliance and security, USDN provides users with safe, convenient, and highly mobile digital asset services through reliable technology and quality services.
In fact, the USDN stable currency is at the core of the entire NGK system, which plays a very important role in the NGK ecosystem. First, USDN abandoned the traditional approach of collateral, using blockchain smart contracts to achieve algorithmic stability, allowing investors in the market to gain endorsement of algorithmic stability. At the same time, because the public chain NGK adopts the STO distribution mode, it has already protected against fraud and money laundering through a strong anti-money laundering (AML) compliance program, which can better protect USDN holders. Second, USDN guarantees price stability through smart contracts regulation, and USDN smart contracts system will decide to issue or destroy the stable currency according to the market USDN price. USDN is an application token with application performance, payment performance and algorithm performance, and can be used to solve payment and settlement problems in more scenarios.
It is because of these characteristics that USDN is the trigger for a wave of market discussion. The next decade is a critical phase in blockchain development. With the expansion of the Stablecoin application ecosystem, it will become necessary for the Cryptocurrency and traditional financial markets, and USDN will be able to meet and overcome the risks and challenges on the way forward, which will lead to the development of Stablecoin.