Sasha Ivanov, the founder, and CEO of Waves Platform has introduced that he will likely be launching a brand new stablecoin.
Two issues:
– I’ll launch a brand new steady coin
– There's gonna be a $USDN state of affairs decision plan set in movement earlier than.— Sasha.waves (@sasha35625) December 20, 2022
Ivanov has beforehand taken on $500 million debt to revive the USDN peg, and he has acknowledged {that a} “$USDN state of affairs decision plan” will likely be put into motion as a way to forestall a repeat of earlier occasions.
Some customers have expressed concern in regards to the potential for the brand new stablecoin to depeg just like the USDN stablecoin did a number of instances this 12 months.
Ivanov has reassured customers that this won’t be the case by making a daring declaration stating:
“It is going to be undepeggable.”
Additional, in a dialog concerning fixing USDN, Ivanov commented that “an important factor is to make individuals complete finally, let’s deal with that.” Alameda Analysis’s position in Waves’ struggles was additionally highlighted as he argued that people who find themselves not centered on FUD “know that very effectively.”
The stablecoin won’t be a brand new model of USDN with a brand new mechanic however a completely new product in response to the Waves CEO.
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