Velo Labs to Integrate OpenEden Tokenized U.S. Treasury Bills as Reserve Collateral Asset for USDV
On September 26, according to official news, Velo Labs has selected OpenEden's Tokenized U.S. Treasury Bill (TBILL) as a reserve collateral asset for the stablecoin USDV, an over-collateralized stablecoin for Velo's native token (VELO) and a basket of assets such as USDT, and this move to include OpenEden's TBILL will strengthen the This move to include OpenEden's tokenized U.S. Treasury Bills will strengthen the collateral backing the USDV stablecoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Michael Saylor: The Bitcoin network will reach 20 trillion dollars within 4 to 8 years
$714 Broccoli donates $10,000 to help Strays Dog Center house more than 1,400 stray dogs
FORT token completes FP-8 proposal governance, total amount permanently locked 1 billion
Trending news
MoreCrypto prices
More
