The NEAR Foundation recommends that DAO Decentral Bank (DCB) gradually shut down NEAR's native stablecoin USN in an orderly manner, and allocates $40 million for the USN Protection Plan, which aims to ensure that eligible USN holders can pass stablecoins such as USDT1 :1 Redeem USN. The main reason for the closure of USN is that USN has become under-collateralized due to the extreme market environment since the upgrade to version v2 in June that no longer uses the algorithm mechanism. Foresight News previously reported that DAO Decentral Bank announced that USN V3.0 will be launched in the fall of 2022, which will allow users to mint USN with whitelisted assets.