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
Bitcoin payment system fully implemented in Lugano, Switzerland; residents can pay taxes with cryptocurrency
Polymarket prediction market bets the probability of the Lighter airdrop taking place on December 29 has dropped to 68%
Putin claims the United States intends to use Europe's largest nuclear facility for cryptocurrency mining
Trader Eugene: Bullish on the Bitcoin market, believes now is a good opportunity to go long
Trending news
MoreCrypto prices
More
