VeUSD VEUSD

VeUSD price today is $0.999689 with a 24-hour trading volume of $323,345.00. VEUSD price is down $0.0066% in the last 24 hours. It has a circulating supply of 5,498,472 VEUSD coins and a total supply of 5,498,472.

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.