Stablecoin event

USDN transitions to Neutrino Index / XTN

Neutrino transitioned the former USDN identity to Neutrino Index / XTN. SOG records this as the end of USDN's original hard-USD stablecoin classification rather than a recovered peg.

ImpactCritical
Detail kindMigration
Sources2

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Event details
Date
Event typeRebrand and Classification Change
Event detail kindMigration
Stablecoin subjectsNeutrino USD
Organization subjectsNeutrino Protocol
ImpactCritical
Effect on stablecoin statusRebranded
Recovery / reversalNo
Recovery date
Cause or mechanismTransition from the former USDN stablecoin identity to Neutrino Index / XTN.
Record confidenceMedium
Registry v2 detail overlay
Migration summaryTransition from the former USDN stablecoin identity to Neutrino Index / XTN.
Sources
SourcePublisherTypeEvidence scope
Why XTN is not actually burned?Neutrino ProtocolOfficial BlogUsdn Former Name Xtn Transition and Token Issuance
Neutrino Protocol current XTN pageNeutrino ProtocolProtocol PageCurrent Xtn Identity and Non Usdn Site Context

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