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Ronin (RON) is the native utility token of the Ronin blockchain, a layer-2 solution designed to enhance the Ethereum ecosystem by providing faster and cheaper transactions specifically for gaming and non-fungible tokens (NFTs). Initially developed for the popular blockchain game Axie Infinity, RON facilitates various operations within the Ronin network, including staking, governance, and transaction fees.
Usual USD (USD0) is a stablecoin designed to maintain parity with the US Dollar, offering a reliable and secure medium of exchange in the cryptocurrency ecosystem. It aims to combine the advantages of digital currencies, such as instant transactions and lower fees, with the stability of fiat currency.