What is Verified Usd

Article Summary, Automatically Generated By AI

Summary

  • Verified USD is a native omnichain stablecoin.
  • Backed 1:1 with tokenized short-term treasuries and repos.
  • Pegged to the equivalent value of 1 US dollar.


Numbers and Figures:

  • 1:1
  • 1 US dollar


Case Studies/Anecdotes/Examples:

  • None


Vital Takeaways/Insights/Conclusions:

  • Verified USD is a stablecoin pegged to the US dollar.

About Verified USD (VUSD): A Stablecoin Pegged to the US Dollar

A native omnichain stablecoin, collateralized 1:1 with tokenized short-term treasury securities and repurchase agreements, and pegged to the equivalent value of one United States dollar.

Related Posts

What is Oceanex Token

Article Summary, Automatically Generated By AI Summary OceanEx Token is the native exchange token for OceanEx exchange platform. The token […]

What is Molly Coin

Article Summary, Automatically Generated By AI About Molly Summary Project Overview: “Molly” blends physical and digital worlds, transforming products into […]

What is Indian Call Center

Article Summary, Automatically Generated By AI Summary No numbers or figures mentioned. No case studies, anecdotes, or examples mentioned. Main […]

What is Floki Ceo

Article Summary, Automatically Generated By AI Summary of FLOKI CEO FLOKI CEO is a community-driven, decentralized cryptocurrency on the BSC […]

What is Ordbridge

Article Summary, Automatically Generated By AI Summary of OrdBridge OrdBridge is the first permissionless bridge for BRC-20 tokens. It enables […]

What is Codegenie

Article Summary, Automatically Generated By AI Summary of CodeGenie CodeGenie is a pioneering platform that uses AI to translate visual […]

What is Pepe X

Article Summary, Automatically Generated By AI About pepeX No numbers or figures mentioned. No case studies, anecdotes, or examples provided. […]

What is Yawww

Article Summary, Automatically Generated By AI Summary $YAW token is the native utility token of Yawww.io, a platform for trading […]

What is Superalgos

Article Summary, Automatically Generated By AI About Superalgos Key Points Superalgos is a community-owned open-source project that leverages collective intelligence […]

What is Vectorspace Ai

Article Summary, Automatically Generated By AI Summary of Vectorspace AI Vectorspace AI provides high-value correlation matrix datasets for researchers. Utilizes […]

What is Merebel

Article Summary, Automatically Generated By AI About Merebel Merebel is an open-source, blockchain-based cryptocurrency with fast transactions, low fees, network […]

What is Yield Finance

Article Summary, Automatically Generated By AI Summary of Yield Finance Project Overview: Yield Pulse, a DeFi protocol powered by Pulsechain, […]

What is Fatmichi

Article Summary, Automatically Generated By AI Summary FATMICHI is a memeable cat on the internet. It is considered the fattest. […]

What is Prema

Article Summary, Automatically Generated By AI Here is the summary in HTML format: About PREMA PREMA is a blockchain platform […]

Scroll to Top