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KULiquidGold

01/08/22 12:33 AM

#369 RE: KULiquidGold #368

VeUSD - VeChainThor’s First Stablecoin

Announcing VeUSD - VeChainThor’s First Stablecoin, Enabling Web3, DeFi, Sustainability Objectives and More!

Stablecoins are, of course, no exception to this reality. Every single VeUSD minted will be fully backed by physical reserves of fiat money that can be redeemed at a 1:1 ratio at any time. Fiat accounts are monitored and audited by Prime Trust, a Nevada-chartered trust company that also acts as regulated administrator. With this in mind, users can rest assured VeUSD provides a fully compliant solution with a guarantee of dollar value.

https://www.vechain.org/announcing-veusd-vechainthors-first-stablecoin-enabling-web3-defi-sustainability-objectives-and-more/