Can you verify Noon USN (USN) reserves yourself?
USN's reserves sit off-chain, so you read a third-party attestation of them rather than the accounts themselves.
Backed 1:1 with USDT, USDC, or short-term US Treasury Bills held in custodial wallets, in the issuer's own wording, deployed into a basket of delta-neutral strategies plus T-bill, CLO and private-credit allocations. Reserve transparency is a continuous Proof of Solvency attested by Accountable's Data Verification Network, which pulls custodian and exchange balances using zero-knowledge proofs and secure enclaves and publishes them on a live dashboard. Some protocol and collateral addresses are published in the docs and visible on Etherscan; the load-bearing balances you read as an attestation.
What you cannot verify yourself: The custodial reserve balances, the exchange positions and the off-chain T-bill, CLO and private-credit allocations, which you read through Accountable's attestation rather than the accounts themselves.
Hedge leg: The delta-neutral strategy book runs on off-chain venues that are not individually disclosed, confirmed through the Accountable attestation.
Noon's USN on Ethereum is unrelated to NEAR's USN, a semi-algorithmic stablecoin by a different issuer that was wound down in October 2022 on a different chain.
Issued by Noon Capital. "Attestor-required" describes the structure of the verification, not the quality of the issuer.
Run this on USN yourself, or get a signed record of it.
The read below is free and live. Or get a machine-signed, point-in-time read of this exact address in about two minutes, that anyone you forward it to can verify in three lines without trusting you.
Signed on the page after you pay in USDC on Base: no email, no wait. It signs public on-chain bytes only (supply, decimals, and symbol at a block), not a solvency opinion and not a claim about who controls the address. Issuing a dollar of your own? The GENIUS-readiness kit is $999 setup then $99 a month. Not compliance and not an audit.
Live supply, and the command that reproduces it
What this read establishes: On-chain USN and sUSN supply on Ethereum, about 30.1M USN on July 1, 2026 with most of it staked, plus the minter, redeemer and collateral addresses Noon publishes.
Reproduce the supply read yourself
cast call 0xda67b4284609d2d48e5d10cfac411572727dc1ed "totalSupply()(uint256)" --rpc-url https://ethereum-rpc.publicnode.comcast call 0xda67b4284609d2d48e5d10cfac411572727dc1ed "symbol()(string)" --rpc-url https://ethereum-rpc.publicnode.comPrefer curl? Show the raw JSON-RPC call
curl -s -X POST https://ethereum-rpc.publicnode.com -H 'content-type: application/json' --data '{"jsonrpc":"2.0","id":1,"method":"eth_call","params":[{"to":"0xda67b4284609d2d48e5d10cfac411572727dc1ed","data":"0x18160ddd"},"latest"]}'Live supply is read from the chain and cached hourly on this page; the command above is real-time. Always confirm you are reading the canonical contract address. A look-alike token can copy any name or symbol; only the address is identity.
Other synthetic delta-neutral tokens
Also: the reserve transparency scorecard, the Stablecoin Reserve Recomputation Report, every stablecoin we cover, or paste any address into the free tool.
Kerne is infrastructure and a service provider, not an auditor, a rating agency, a custodian, or an investment adviser. This page reads public on-chain data and names publicly disclosed transparency methods. It is not an audit, a solvency or credit opinion, a recommendation, or any form of investment, legal, tax, or accounting advice, and the appearance of USN is not an endorsement. Reserve-transparency descriptions are sourced from Noon Capital's public disclosures and, where the token is listed there, the Kerne synthetic-dollar scorecard, cross-verified June 29 to July 3, 2026; verify at the canonical sites. Kerne is not affiliated with Noon Capital or any attestor named here. Page reviewed 2026-07-03. Last updated July 3, 2026.