Stargate (@StargateFinance): Today, @USDV_Money, launched the first ever natively omnichain stablecoin that uses short-term U.S. debt token STBT as an underlying reserve asset - $…
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Today, @USDV_Money, launched the first ever natively omnichain stablecoin that uses short-term U.S. debt token STBT as an underlying reserve asset - $USDV. Verified USD utilises @LayerZero_Labs' proprietary ColorTrace on-chain value attribution mechanism 👀 https://twitter.com/USDV_Money/status/1724369727353663500 Quote [@USDV_Money](https://www.twitter.com/USDV_Money/status/1724369727353663500) > 1/ Introducing #VerifiedUSD ($USDV) > > A native omnichain #stablecoin backed 1:1 with tokenized short-term treasuries and repos, and pegged to the equivalent value of 1 US dollar. > > Press release: https://t.co/dK0UxD9wB0 https://t.co/ZOHnXPP7zY