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
Ripple Joins BlackRock, Standard Chartered in New Tokenization Report
Who is Satoshi Nakamoto? New Grok AI Study Tests Multiple Theories
Onchain Lens requests Hyperliquid to flag the Drift Protocol exploiter's account
Pi Network is Going Big on AI as Token Price Remains Near Record Lows
Crypto prices
More
