The N3XT Digital Dollar (NDD) is an ERC-20 token representing real USD deposits held directly at N3XT, which is a Wyoming State Chartered Bank. N3XT operates strictly as a narrow bank, meaning we do not engage in fractional reserve banking or any lending whatsoever. Instead, 100% of all USD deposits are backed one-to-one and held safely in cash and high-quality liquid assets (HQLA). The core focus of NDD is simple: we want to make the US dollar much more accessible, liquid, and usable across the entire on-chain ecosystem for everyone.