USN/USD: Convert USN (USN) to United States Dollar (USD)

USN, a stablecoin introduced by the NEAR Protocol, is a decentralized application platform that aims to redefine how systems are designed, applications are built, and how the web itself operates. It is a complex technology with a simple goal — to allow developers and entrepreneurs to easily and sustainably build applications that secure high-value assets like money and identity. USN is built from the ground up to deliver intuitive experiences for end users, scale capacity across millions of devices, and provide developers with new and sustainable business models for their applications. In doing so, USN is creating a community-run cloud strong enough to extend the reach of Open Finance and power the future of the Open Web.

USN operates on the NEAR Protocol, a decentralized application platform designed to enable the open web of the future and power its economy. It uses the same core underlying technology that made Bitcoin an unkillable currency and combines it with cutting-edge advances in community consensus, database sharding, and usability. On this web, everything from new currencies to new applications to new industries can be created, opening the door to a brand new future. USN uses a token — also called “NEAR” — to glue it all together. This token allows the users of these cloud resources, regardless of where they are in the world, to fairly compensate the providers of the services and to ensure that these participants operate in good faith.

USN aims to provide a platform for running applications that have access to a shared — and secure — pool of money, identity, and data which is owned by their users. It combines the features of partition-resistant networking, serverless compute, and distributed storage into a new kind of platform. This allows the secure storage of high-value assets like money, identity, and key pieces of data. USN can be used to create new currencies, applications, and industries, opening the door to a brand new future. It also aims to support developers by helping them monetize the open components they create for the ecosystem by natively rewarding them with rebates based on the usage of those components.

USN is a product of the NEAR Protocol, a decentralized application platform that was designed to address the key challenges to gaining mainstream adoption: usability, scalability, and security. The NEAR Protocol was developed by a team of engineers, entrepreneurs, and technologists. The platform was designed to be inclusive to anyone and secure from manipulation or capture. It was also designed to be game theoretically secure so good actors find the right equilibrium and resistant to manipulation so bad actors are actively prevented from negatively affecting the system. The NEAR Protocol uses a sharding approach which allows the network to increase its capacity as additional nodes participate. This allows the network to scale continuously as demand increases.