The USDN stablecoin remained within a few cents of its intended USD peg for about a year, before losing its peg in April. Since then, it has had a pretty bumpy road, spending much of the year more than a few cents off the dollar peg, and dropping much farther below it in early November.
A less-than-enthused commenter responded to Ivanov's Twitter announcement of a new coin, writing, "My brother in Christ more stablecoins to depeg is not the answer". "It will be undepeggable", replied Ivanov. Well, in that case.