VIRTUAL USD STABLECOIN
Backed by 1:1 onchain reserves, VUSD is the world’s first centralised stablecoin where reserves are fully onchain.
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Global Transfers
Lightening fast cross-border transfers with low fees.
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24/7 Technology
Utilising blockchains, VUSD is accessible 24/7.
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Onchain Reserves
VUSD is backed by verifiable 1:1 onchain reserves.
Stability Meets Innovation
VUSD is a virtual USD-based stablecoin fully backed by onchain reserves and deployed on Ethereum, a fully decentralised blockchain.
Utility
VUSD is a stablecoin that’s available on the Ethereum blockchain which can be utilised for a broad range of use-cases such as payments, trading, decentralised finance, and more.
Transparency
VUSD is the worlds first centralised stablecoin that has its reserves fully onchain and verifiable 24/7.
Security
VUSD have been audited to ensure smart contract security with public audits available.
Ecosystem
Explore the VUSD ecosystem
FAQ
Frequently Asked Questions
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VUSD can be obtained by minting it through our authorised partners, purchased from third parties, and from secondary markets.
It’s important to note that minting VUSD is only available to approved institutions.
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VUSD may be redeemed through secondary markets or third parties if you are not an approved institution. The redemption may be done through trading or OTC based on market prices.
Approved institutions can redeem VUSD through contacting an authorised provider at a 1:1 ratio.
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VUSD is an over-reserve backed stablecoin where all reserves are verifiable onchain. While the design economics are tailored to be pegged to $1, there may be circumstances where VUSD may de-peg from $1 based on secondary markets.
Get started with VUSD
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