Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
Nova USD (USDN) is a fully reserved, USD-pegged stablecoin issued by Coconut Financial Holdings Ltd (BVI). Every USDN is backed 1:1 by USD-equivalent reserves (AED, pegged to the USD since 1997) held in segregated accounts at licensed banks and verified by monthly CPA attestations under ISAE 3000. Supply is purely demand-driven: USDN is minted only when a licensed, KYB-verified distributor deposits fiat, and burned on redemption. There is no pre-mine, no team or treasury allocation and no token sale. USDN is built for settlement, payments and trading across conventional and Islamic finance markets in the GCC and beyond.
The live Nova USD price today is $0.999192 USD with a 24-hour trading volume of $158,894 USD. We update our USDN to USD price in real-time. Nova USD is up 0.03% in the last 24 hours. The current CoinMarketCap ranking is #4267, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.