VeUSD
VEUSD

0.9465
0.05 %
Change 24h
Market Cap
€ 5,303,539
Volume 24h
€ 321,858
Circulating Supply
5,606,027
VEUSD
# Exchange Pair Price Volume 24h

Description

VeUSD, built upon the VIP-180 token standard, is a stablecoin created by Stably, a US-based asset tokenization infrastructure provider who partners with regulated financial institutions to compliantly launch stablecoins and tokenized assets. Stablecoins are cryptocurrencies that typically maintain a peg to national currencies on blockchains like VeChainThor digital cash. Regulated, fiat-backed stablecoins like VeUSD are fully backed by physical reserves of fiat money and can be redeemed at a 1:1 ratio. VeUSD avoids the price volatility of traditional cryptocurrencies, while still retaining many of their useful characteristics such as low-cost, high-speed transactions and cross-border payments without the high fees of credit card processors or money transfer companies.
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