Synaps and Noon partnership

Synaps is pleased to announce its collaboration with Noon, a project at the forefront of stablecoin innovation. By leveraging Synaps’ expertise in KYC/KYB services, Noon ensures their partners onboarding process is secure, compliant, and efficient, enabling them to focus on launching the USN stablecoin under the best possible conditions.

Noon: building the next generation of stablecoins

Noon is reshaping the stablecoin landscape with USN, a yield-bearing stablecoin that intelligently allocates capital across delta-neutral strategies to maximize returns for its users. During the public beta, USN users will:

Mint USN using USDC or USDT and stake it to receive sUSN, a yield-accruing token. Last week’s annualized returns reached an impressive 19.3%.

Access governance tokens based solely on their holdings of and activity with USN / sUSN, ensuring governance is limited to active builders and users.

Participate in a fair decision-making, with $NOON holders influencing capital deployment and proposing future strategies.

With 65K+ waitlist signups and a $30 million TVL recorded as of today, Noon’s ecosystem is rapidly gaining traction as it prepares to onboard the next billion Web3 users.

Simplifying compliance for a high-quality launch

Launching a stablecoin of this scale requires strict adherence to compliance standards, particularly in verifying institutional depositors during the early stages. By partnering with Synaps, Noon:

• Outsources Investor Compliance: Synaps handles KYB/KYC for Noon's partners, ensuring that all permissioned partners meet regulatory requirements.

• Strengthens Trust and Reputation: Verified depositors demonstrate Noon’s commitment to transparency and regulatory alignment, enhancing its position as a credible and fair protocol.

• Optimizes Resources: Delegating compliance and onboarding allows the Noon team to concentrate on refining their product and delivering value to their users.

A strong foundation for Web3 growth

Noon’s mission is to build the most intelligent and fair stablecoin in Web3. By combining Synaps’ compliance expertise with Noon’s innovative approach, the project is set to launch under optimal conditions, ensuring both regulatory security and operational efficiency.

Synaps brings its experience as a trusted KYC/KYB provider to over 600 crypto clients—including Polygon, Arbitrum, Starknet, and more—to support Noon in achieving its vision. Together, we’re setting a new standard for compliance and innovation in the crypto space.