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VeUSD (VEUSD) is a cryptocurrency that operates on the Vechain blockchain, a transparent, efficient, scalable, and adaptable platform that aims to foster trust, collaboration, and interconnected ecosystems. VeUSD seeks to leverage technology and digital innovation to empower individuals, businesses, and institutions to participate in the development of sustainable ecosystems where every action is accounted for, and its impact is multiplied for all benefits. By utilizing blockchain technology, VeUSD aims to create a safe and transparent system called the Blockchain Biosphere for Sustainability, granting trust and enabling collective global action to address society’s greatest challenges.
VeUSD is part of the VechainThor blockchain, which has gone through several stages of development to become a robust and scalable platform. Initially focused on enabling transparent information flow, efficient collaboration, and high-speed value transfers for enterprises, the scope of impact of VechainThor has expanded to encompass all levels of society. VeUSD represents the sustainability phase of Vechain’s journey, where blockchain technology incentivizes cooperation and enables collective steps toward a more sustainable world. With a balanced governance model and a growing community, VeUSD aims to meet the needs of users, enterprises, and sustainability while promoting rapid innovation and development.
Through a unique two-token economic model, VeUSD separates the cost of using blockchain from market speculation, facilitating enterprise adoption and generating user acceptance. VeUSD is part of the Vechain ecosystem, which has developed specific task forces dedicated to technical, business development, and governance aspects. These task forces work collectively to allocate resources and accelerate growth while maintaining a low-carbon infrastructure and high scalability. With a focus on value redefinition that includes environmental and societal factors, VeUSD aims to create a more sustainable and equitable future through blockchain technology.
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