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Velo Labs to Integrate OpenEden Tokenized U.S. Treasury Bills as Reserve Collateral Asset for USDV

Velo Labs to Integrate OpenEden Tokenized U.S. Treasury Bills as Reserve Collateral Asset for USDV

Bitget2024/09/26 12:35

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.

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