Neutrino USD
Neutrino USD is a decentralized, algorithmic stablecoin built on the Waves blockchain and pegged to the U.S. dollar. It uses smart contracts and crypto reserves to maintain its stability. USDN experienced several depegging events due to underlying volatility in the Waves ecosystem. Its reliability as a stablecoin has come under question, impacting its adoption and trust.
| Neutrino USD | |
|---|---|
| Symbol | USDN |
| Type | Algorithmic-backed |
| Collateralization Method | WAVES Token |
| Pegged To | USD |
| Issuer | Neutrino Protocol |
| Blockchain Support | Waves |
| Market Cap Rank | 9 |
| Reserve Transparency | Medium-Low (On-chain governance) |
| Stability History | Less Stable |
| Primary Use Cases | Waves ecosystem, DeFi |
Other Neutrino USD Comparisons
- Compare Neutrino USD to Tether
- Compare Neutrino USD to USD Coin
- Compare Neutrino USD to Dai
- Compare Neutrino USD to Binance USD
- Compare Neutrino USD to TrueUSD
- Compare Neutrino USD to Pax Dollar
- Compare Neutrino USD to Gemini Dollar
- Compare Neutrino USD to Frax
- Compare Neutrino USD to TerraClassicUSD
Compare 10 Top Bitcoin IRA Providers — Fees, Security, Platforms & More.
GET IT NOW
Disclaimer: DigitalAssetHQ does not provide investment advice. All content is for informational purposes only. Investing in cryptocurrencies and digital assets involves risk. Always consult with a qualified financial advisor before making investment decisions.