What is UNO?

UNO is a stablecoin structured to maintain a value equivalent to the US dollar, created by Nostra. It operates on a reserve-backed model, where each UNO token is supported by either 1 USDC or $1 in cash.

The design aims to provide a stable digital asset that reflects the value of the USD. The primary use case involves facilitating transactions and maintaining purchasing power in a digital format, relying on its asset-backed nature.