NEAR is a sharded, developer-friendly, proof-of-stake public blockchain, built by a world-class team that has built some of the world's only sharded databases at scale.
Sources claim that the stablecoin USN will reach NEAR Protocol the set of rules that define interactions on a network, usually involving consensus, transaction validation, and network participation on a blockchain. this April. However, no member of the official team has confirmed or denied such rumors.
NEAR Protocol, the project Bockchain designed as a decentralized decentralization refers to the property of a system in which nodes or actors work in concert in a distributed fashion to achieve a common goal. and distributed managed cloud cloud servers are typically located throughout different data centers all over the world. computing platform, reportedly has plans to launch a stablecoin that operates directly over its network.
Plans for NEAR Protocol to launch a stablecoin
Plans for the launch of a stablecoin were confirmed by a couple of close refers to the closing price; similar to the same term used in stock trading. sources, who told The Block a file containing information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain. that the move is part of the project’s long-term plan to provide greater usability and adoption of its network.
One of the sources indicated that the launch is close and is expected to take place this April, although at the moment there are no exact dates on the possible arrival of this product for the interested public.
However, the rumors surrounding the launch of a stablecoin arose when the founder of Zorax Capital, Zoran Kole, indicated in a publication ofSubstack que NEAR Protocol would be about to launch a stable currency currency is a medium of exchange that defines value. pegged to the US dollar, which would derive high returns for users. It reads as follows:
“Finally, on April 20, NEAR will announce the launch of its own native algorithmic stablecoin a cryptocurrency with extremely low volatility, sometimes used as a means of portfolio diversification. Examples include gold-backed cryptocurrency or fiat-pegged cryptocurrency. in partnership with other well-capitalized stablecoins. It will offer an extremely attractive APR of 20%, which will promote the flow of DeFi a movement encouraging alternatives to traditional, centralized forms of financial services. capital capital is most commonly defined as the large sum of money you would use to invest. into NEAR’s ecosystem, siphoning off the total locked-in value of other alternative protocols….”
Among other evidence pointing to the future launch of the USN also contains some changes made in the test version ofRef Finance, the second largest decentralized exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. that operates on the network a network refers to all nodes in the operation of a blockchain at any given moment in time. of NEAR, which has already listed the stablecoin in question in its interface along with others such as USDC, USDT and DAI.
It is worth noting that no official member of the team of NEAR Protocol to date has neither confirmed nor denied the rumors currently circulating.
Other plans within NEAR Protocol
As such, the token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. NEAR stood out strongly in today’s major price reports, as it was the currency that stood out among the top gainers by far in the last 24 hours, rising 16% in the last 24 hours and trading at around USD $17.7 per unit.
The rumors about the future launch of the stablecoin add to the announcement of a new fund for USD $800 million, which would be intended to finance developers interested in creating products and solutions that operate directly on its network and take advantage of the technology it offers to address a place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers. real problems.
Let’s keep in mind that, according to analysts and experts, the technology of NEAR Protocol would be very good for all those interested in creating dApps and diverse use cases, offering fast transaction speeds, high performance and interoperability blockchain interoperability, or cross-chain interoperability, is the ability to see and share information across multiple blockchains. with other smart contract in traditional finance, a contract is a binding agreement between two parties. In cryptocurrencies, smart contracts execute functions on the blockchain. platforms.
- Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. and major cryptocurrencies remain in the doldrums, with the exception of NEAR, which is on the rise on April 8.
- Ardana partners with NEAR Protocol to build bridge between Cardano and Near
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Version by Angel Di Matteo / DiarioBitcoin