Verified USD (USDV) is a stablecoin pegged 1:1 with the US Dollar, fully backed by STBT, which is backed by cash, overnight repo and short term treasuries.
Compatible with the ERC-20 standard, USDV is a native omnichain stablecoin integrated with LayerZero’s Omnichain Fungible Token (OFT) Standard.
USDV is powered by ColorTrace, a novel value attribution algorithm invented by LayerZero Labs, allowing community participants to receive rewards transparently and equitably for their contributions to the ecosystem.
