VeUSD
VEUSD

1.002
$
0.00 %
Change 24h
Market Cap
$ 5,524,424
Volume 24h
$ 90,005
Circulating Supply
5,511,782
Total Supply
5,506,687
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.