Stablecoin company Noble launches yield-bearing stablecoin USDN

ChainCatcher news, according to The Block, stablecoin company Noble has launched a yield-bearing stablecoin USDN and introduced a new "points" program to provide users with another way to earn yields.

USDN programmatically distributes the earnings generated from its holdings of short-term U.S. Treasury bonds to developers, application builders, validators, wallets, and trading platforms, thereby "creating a brand new incentive alignment model."