USDN Transitioning from Stablecoin to Waves Ecosystem Index Token WIXT

Waves ecosystem stablecoin USDN Issuer Neutrino said that USDN will be converted to Waves ecosystem index token WIXT, which will still aim to reach $1 but will not be forced to peg to $1, but rather reflect the value of the Waves ecosystem token. the Neutrino team will release the WIXT technical litepaper at the end of January and fully rename USDN to WIXT by mid-February. This will be followed by the addition of $15 million in ecosystem tokens as collateral through governance.

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