Transparency in Compliance — Stable Development USDN Currency
The current stable coin project is like the emergence of bamboo shoots, it can be said that the stablecoin project is another popular category after the blockchain project. The attribute of stablecoin is that it is not controlled by any sovereign government, the value is constant, and it can circulate freely between points, and users can freely pay and exchange based on blockchain technology.
A new competitor has recently emerged in the field of stablecoin: USDN- anchoring dollar value. At this time out of the stablecoin, if not a loser, it will be the real winner.
USDN, algorithmic stablecoin, based on the blockchain NGK issued, the main body of the licensed American blockchain company. USDN, extremely transparent, legal compliance, using cryptographic asset algorithm issued, and has been approved by the Securities and Exchange Commission SEC, compliance stability, transparency is strictly regulated. Based on the dual contract engine, sub-chain atomic trading and other blockchain technology to complete the strong trust of the dollar 1:1 anchor, the blessing of the United States Foundation, the supervision of the government, regulatory agencies, with so many institutional endorsement behind the USDN, it is safe and reliable that worth investment.
In USDN systems, in addition to block producers, there are regulatory nodes. The supervision node also keeps the whole node account book and supervises the transaction. USDN also periodically commission regulatory nodes and third-party agencies to conduct compliance reviews, issue compliance reports, and proactively disclose them to communities and regulators. In this way, the novice do not have to worry about will be inexplicably “cheated” by the market.
Moreover, the issuance of USDN needs authorization. This authorization system is based on the NGK protocol of the blockchain bottom and 21 block producers to participate in the network consensus, and through the class BFT mechanism between nodes to quickly achieve block irreversibility.
USDN can meet the needs of different users, cooperate with more exchanges, increase the scope of USDN purchase, and link with more digital currency is also the goal of its development.
With the increasing application of various application scenarios, the value anchoring function of USDN stablecoin will be brought into full play, and the circulation will be improved, which will also help to build NGK blockchain quickly.