USDV
No. 703Price
Markets
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1. Project introduction
Verified USD (USDV) is a tokenized real world asset (RWA) backed stablecoin built for modern finance.
Verified USD (USDV) is a stablecoin pegged 1:1 with the US Dollar, fully backed by STBT, which is backed by cash, overnight repo and short term treasuries.
Compatible with the ERC-20 standard, USDV is a native omnichain stablecoin integrated with LayerZero’s Omnichain Fungible Token (OFT) Standard.USDV is powered by ColorTrace, a novel value attribution algorithm invented by LayerZero Labs, allowing community participants to receive rewards transparently and equitably for their contributions to the ecosystem.
USDV is backed by a reserve of tokenized Real World Assets. This reserve backing gives USDV its value and pegs it to the US dollar. In the future, USDV will expand support for the inclusion of other highly secure tokenized Real World Assets in underlying reserves.
2. Team introduction
President: Matthew Commons
https://www.linkedin.com/in/matthewcommons
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