VeChain Foundation teases a VeChain based stablecoin

Great news for all VET holders that have been waiting for some price action in 2022. Vechain foundation have started off 2022 with a teaser for a Vechain-based stablecoin – VeUSD. This was rumoured on several occasions for the last few months, and a VeUSD trademark was filed back in October.

Hopefully this means wider adoption of Vechain and new DeFi applications built on it. Considering the very low fees and automatic VTHO generation, I can see Vechain becoming a serious competitor in the DeFi space.

For reference, the original tweet:

https://twitter.com/vechainofficial/status/1478009170527862788

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