Verified USD (USDV) distinguishes itself in the cryptocurrency arena as a community-driven native omnichain stablecoin. Supported by the Verified USD Foundation, USDV is crafted to enable smooth transactions and payments, both on-chain and off-chain. The foundation is instrumental in integrating new contributors and in setting the roadmap and governance of USDV. USDV maintains a peg to the value of 1 US dollar and is supported 1:1 by tokenized short-term treasuries and repos. This backing assures stability and confidence, positioning USDV as a dependable medium for transactions. The community backing USDV is varied, including Verified Minters, Operators, and Liquidity Providers, each playing a vital role in sustaining the ecosystem. Transparency and adaptability are fundamental tenets of Verified USD, ensuring user confidence in the stability and value of the currency. The omnichain characteristic of USDV allows it to function seamlessly across various blockchain networks, thus increasing its utility and accessibility. The Verified USD Foundation's governance model ensures that the stablecoin remains in tune with the community's demands and the evolving blockchain technology landscape. This decentralized method of governance and contribution cultivates a strong and resilient ecosystem for USDV.

The technology underpinning Verified USD (USDV) presents a compelling fusion of contemporary finance and blockchain advancements. Fundamentally, USDV functions as a stablecoin, engineered to uphold a stable value equivalent to 1 US dollar. What distinguishes USDV is its backing, which is on a 1:1 basis with tokenized short-term treasuries and repos, categorizing it as a tokenized real-world asset (RWA) backed stablecoin. This structure ensures that each USDV token is upheld by tangible financial instruments, providing a secure foundation for its valuation. USDV utilizes LayerZero technology, a state-of-the-art blockchain framework that facilitates smooth interoperability across numerous blockchains. As a result, USDV is not limited to a single blockchain but is supported by over 40 different blockchains. LayerZero technology enables secure and efficient cross-chain transactions, allowing USDV to be integrated into a wide variety of decentralized applications (dApps) and financial services across diverse blockchain environments. A crucial element of blockchain technology is its capacity to safeguard against malicious activities. LayerZero employs an amalgamation of cryptographic techniques and decentralized consensus mechanisms to ensure transaction security and integrity. For instance, it incorporates a multi-chain consensus model in which validators from different blockchains collaborate to authenticate transactions. This decentralized method significantly reduces the likelihood of any single entity manipulating the system, thereby protecting USDV from potential threats. The Verified USD Foundation, a non-profit entity, plays a vital role in upholding the transparency and dependability of USDV. The foundation ensures that the stablecoin complies with stringent regulatory standards and is subject to regular audits by reputable security audit firms. These audits confirm that the tokenized assets backing USDV are effectively managed and securely in place. Furthermore, the foundation has forged partnerships with trusted companies within the financial technology sector, enhancing USDV’s credibility and trustworthiness. USDV also offers notable staking options for users. Through staking, users can lock their USDV tokens in a smart contract to earn rewards. This not only encourages users to retain their tokens but also aids in maintaining the stability and security of the network. By staking their tokens, users engage in the network’s consensus process, contributing to transaction validation and blockchain security. The meticulous vetting process for participation guarantees that only reputable and compliant entities partake in the USDV ecosystem. This process involves comprehensive background checks and adherence to regulatory requirements, ensuring that network participants are trustworthy and reliable. The integration of tokenized real-world assets, LayerZero technology, decentralized security mechanisms, and a robust foundation of transparency and trust positions USDV as a strong and reliable stablecoin for modern finance.

Verified USD (USDV) is a stablecoin engineered to maintain a 1:1 peg with the US dollar, supported by tokenized short-term treasuries and repos. This backing guarantees stability and transparency, rendering it a dependable option for various practical applications. A key application of USDV lies in bridging the divide between traditional finance and decentralized finance (DeFi). By providing a stable and transparent digital currency, USDV enables users to participate in DeFi activities without the volatility usually linked with cryptocurrencies. This facilitates easier engagement for individuals and businesses in lending, borrowing, and trading on decentralized platforms. USDV also supports global payments and trade. Its stability and transparency make it a perfect medium for cross-border transactions, simplifying and reducing the costs linked to traditional currency exchanges. This is especially advantageous for remittances, allowing individuals to transfer money to family members in different countries swiftly and with minimal fees. Businesses can leverage USDV for various purposes, such as settling invoices, paying suppliers, and managing payroll. The stable value of USDV ensures that businesses can mitigate the risks associated with currency fluctuations, fostering a more predictable financial environment. Developers can incorporate USDV into their applications to provide users with a stable digital currency option. This can enhance the functionality of various platforms, from e-commerce sites to financial services apps, by offering a reliable and transparent payment method. USDV is trusted by major industry players, further reinforcing its status as a stablecoin of choice for diverse applications. Its backing by tokenized short-term treasuries and repos ensures it maintains its value, offering assurance to users and businesses alike. In the sphere of decentralized finance, USDV can be utilized as collateral for loans, supplying liquidity in DeFi markets. This permits users to leverage their holdings without liquidating their assets, providing greater flexibility in financial management. The transparency of USDV, combined with its stable value, renders it a versatile tool in the dynamic landscape of digital finance.

Verified USD (USDV) was introduced as a community-driven stablecoin, fully backed by tokenized US Treasury Bills and other real-world assets. This innovative approach aimed to provide stability and trust within the volatile cryptocurrency market. The establishment of the Verified USD Foundation marked a significant milestone, underscoring the commitment to transparency and community support. The launch of USDV as a community-based stablecoin represented another pivotal event. This launch ensured that the stablecoin maintained its peg to the US dollar, backed 1:1 with tokenized short-term treasuries and repos. The foundation's role in supporting the USDV community has been crucial, fostering a sense of trust and reliability among users. Partnerships have played a critical role in the development and growth of Verified USD. Notably, the collaboration with DIA, a decentralized information asset, brought enhanced data accuracy and reliability to the USDV ecosystem. This partnership aimed to leverage DIA's expertise in providing transparent and verified data feeds, which are essential for maintaining the stablecoin's peg and ensuring its robustness. Another significant partnership was announced with Chaos Labs, a firm specializing in risk management and security for decentralized finance (DeFi) protocols. This collaboration focused on enhancing the security and resilience of the USDV stablecoin, addressing potential vulnerabilities and ensuring the stability of the ecosystem. These strategic partnerships and the foundation's ongoing support have contributed to the growing attention and adoption of USDV in the cryptocurrency market. The emphasis on transparency, security, and community involvement has positioned Verified USD as a reliable and trusted stablecoin option for users seeking stability in their digital assets.

Verified USD (USDV) is a native omnichain stablecoin, backed 1:1 with tokenized short-term treasuries and repos, and pegged to the equivalent value of one US dollar. The cryptocurrency was founded by Aidan McCarty and Liam McCarty, who have been instrumental in the creation of this stablecoin by applying their considerable expertise to ensure its robustness and reliability. They are supported by advisors such as Greg Rosston and a president, Matthew Commons, who contribute to the project's strategic direction and governance. The Verified USD Foundation also plays a vital role in the development and oversight of USDV. All relevant data can be accessed on Eulerpool.