Average Daily Volume
VeUSD is currently ranked number 1203 worldwide with a daily trading volume of $110,050.00, which it will make it not so easy for you to sell your holdings of VeUSD.
Market Cap
VeUSD has a total market cap of $5,602,631.00.
Community
VeUSD has 834,284 total followers in all its social media accounts.
All Time High
VeUSD is a stable coin. It's price is packed to the US Dollar and only jumps in prices to other fiat currencies.
Price Potential
Stable coins like VeUSD are digital assets pegged to a stable asset such as USD, aimed at reducing volatility. They offer benefits of both traditional fiat currencies and cryptocurrencies.
Overall Score
Stable coins are digital assets pegged to a stable value, usually the US dollar. Pros: reduced volatility, easier to use as a means of payment and store of value. Cons: Centralized nature can lead to potential loss of value and lack of security.
How to buy VeUSD today?
Do you think it's a good time to buy Bitcoin right now?
What Is VeUSD?
VeUSD, built upon the VIP-180 token standard, is a stablecoin created by Stably, a US-based asset tokenization infrastructure provider who partners with regulated financial institutions to compliantly launch stablecoins and tokenized assets. Stablecoins are cryptocurrencies that typically maintain a peg to national currencies on blockchains like VeChainThor digital cash. Regulated, fiat-backed stablecoins like VeUSD are fully backed by physical reserves of fiat money and can be redeemed at a 1:1 ratio.
VeUSD avoids the price volatility of traditional cryptocurrencies, while still retaining many of their useful characteristics such as low-cost, high-speed transactions and cross-border payments without the high fees of credit card processors or money transfer companies.
