Verified USD (USDV)

Verified USD (USDV) is a tokenized real-world asset (RWA) backed stablecoin built for modern finance. It operates on multiple blockchains, including Arbitrum, Avalanche, BNB Chain, Ethereum, Optimism, and Polygon. USDV aims to bridge the gap between centralized finance (CeFi) and decentralized finance (DeFi), enabling seamless global payments, capital markets, and trade. Each USDV token is backed 1:1 by the US Dollar through tokenized real-world assets, which consist of cash and highly liquid cash equivalents such as short-term treasury bills and overnight repos.

USDV stands out for its high-quality tokenized real-world assets (RWA) as underlying assets. The first adopted underlying token is STBT (Short-term Treasury Bill Token). This ERC-1400 standard token allows accredited investors to secure short-term US Treasury securities and overnight reverse repurchase agreements. USDV ensures transparency and stability through its on-chain tracking, decentralized collateral monitoring powered by Chainlink, and regular statements of assets provided by leading financial institutions. The stablecoin is trusted by major exchanges, decentralized finance platforms, over-the-counter (OTC) desks, and wallets worldwide.

Embarking on a USDV journey enables businesses, users, and developers to tap into various applications and utilities. Businesses can participate and contribute to the USDV ecosystem by offering valuable services and liquidity. Using internet-speed transactions, users can send, spend, save, and exchange USDV globally. Developers can build innovative applications on any blockchain using USDV, powered by the Omnichain Fungible Token (OFT) Standard and the latest blockchain technologies. The Verified USD Foundation, a not-for-profit independent entity, oversees USDV and fosters a stablecoin ecosystem that promotes equitable value sharing among its community of contributors.