Founded in 2015, the blockchain technology corporation VeChain Foundation has minted $1 Million $VeUSD. The leading corporation is one of the earliest companies in the field of blockchain. It has branches in China, Europe, the US, Singapore, and Japan. On March 2, 2022, VeChain Foundation and Stably shared the good news on Twitter. Another $1 Million $VeUSD minted, testing almost completed. Making good progress with @Stably_Official on #VeChain's first #Stablecoin & planned future #DeFi/#Web3 infrastructure!#VeChainThor #Blockchain #Sustainability #Carbon #SDGs $VET #Hackathon https://t.co/rrFK6Xw5Y0 pic.twitter.com/xCgPDRjJuz — VeChain Foundation (@vechainofficial) March 1, 2022 The self-developed blockchain application, VeChain also shared about their process with the fintech company, Stably. The objective of Stably is to bring speed, security, transparency, and low transaction cost to every business. Stably is powered by blockchain, stablecoin, and open finance APIs. VeChain in partnership with Stably has been creating VeChain’s first stablecoin. Additionally, they have also planned future strategies for DeFi/Web3 structure. VeChain Foundation also commented about the wallets that can be used for $VeUSD i.e., VeChainThor, Sync 1 & Sync 2. Users have been quite excited about the news. The post VeChain Foundation Tweeted About Minting $1M $VeUSD appeared first on Cryptoknowmics-Crypto News and Media Platform.
