On Wednesday, the Wormhole team announced via X that $USDN is going natively multichain, powered by Wormhole NTT. The newly launched Noble Dollar, $USDN, is Noble's composable yield stablecoin, collateralized by U.S. Treasury Bills via M^0's stablecoin platform.
Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.1033, down 7% in the last 24 hours.
Hassan Maishera