VUSD (Virtual USD) is a centralised stablecoin fully backed by 1:1 onchain reserves, offering transparent and verifiable security. Built on the Ethereum blockchain, VUSD combines stability with innovation, enabling fast, low-cost global transfers. The reserves backing VUSD are fully transparent and accessible onchain, ensuring trust and reliability. Minting and redeeming VUSD are managed through authorised partners.
Virtual USD Price Analysis
As of December 25 2024 Virtual USD has a marketcap of $2.3M.
This is {{percentagefromath}} from its all time high of $1.013.
In terms of its tokenomics, there's a total supply of 3.6M with 100% currently outstanding.
Keep in mind Virtual USD has a fully diluted value of $2.3M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
