USDV USDV

1. Summary

Ranks

Liquidity

-

Developer

-

Social

11

Momentum (beta)

0

Stack Rank™

-

Price

$0.99 -1.6%

Market Cap

$0.00 (#12188)

Supply

0.00 / 269,965.00

Tags

Fantom Ecosystem Ethereum Ecosystem BNB Chain Ecosystem

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Price
52W High price	$1.25
52W High date	10th Apr 2024 (1 year ago)
All Time High (ATH) Date	26th Mar 2024 (1 year ago)
ATH Price	$1.33
% From ATH	-25.85%
All Time Low (ATL) Date	12th Oct 2023 (1 year ago)
ATL Price	$0.70
% From ATL	40.45%

Supply & Trading Volume
Trading Volume (24h)	$28.00
Total Supply	269,965.00

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Description

USDV is an overcollateralized stablecoin operating on multiple blockchain networks including Fantom, BNB, Venom, and Ethereum. It is designed to maintain a stable value against the US dollar, ensuring that 1 USDV is equal to approximately $1. USDV is collateralized by accepted digital assets (wBTC, wETH, or FTM), which are deposited into vaults, an...

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USDV is an overcollateralized stablecoin operating on multiple blockchain networks including Fantom, BNB, Venom, and Ethereum. It is designed to maintain a stable value against the US dollar, ensuring that 1 USDV is equal to approximately $1. USDV is collateralized by accepted digital assets (wBTC, wETH, or FTM), which are deposited into vaults, and then USDV is minted. This overcollateralization process provides a buffer against price fluctuations, ensuring stability in the value of the stablecoin.

USDV is decentralized and non-custodial, meaning users have direct control over their funds. Users do not incur interest for minting USDV using vaults and can utilize the stablecoin without paying interest.

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