According to Odaily Planet Daily, Matthew Commons, chairman of the Verified USD Foundation, revealed at the StableFusion event in Dubai on April 17 that USDV will be upgraded from a stablecoin to a protocol covering multiple application scenarios, with USDV as the main circulating stablecoin in the protocol. It also officially announced the launch of a points system and the launch of pledge investment products.
These products allow users to earn stablecoins USDV in a secure and transparent way while accumulating points. Users can also earn points by providing liquidity within the USDV ecosystem, performing exchanges, and other activities.
Since its launch in November 2023, the stablecoin USDV issued by the Verified USD Foundation has cooperated with more than 30 CeFi and DeFi ecosystems. The stablecoin is supervised by five industry-leading auditing companies and provides all users with ready access to USDV minting, redemption and circulation records.
