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VeUSD
VEUSD

0.8015
£
0.15 %
Change 24h
Crypto Casino
Market Cap
£ 4,379,891
Volume 24h
£ 286,730
Circulating Supply
5,466,680
VEUSD
£
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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