Vault to unveil USDVault stablecoin

Vault to unveil USDVault stablecoin

Vault, the smart contract platform, is to launch the USDVault. The USDVault is a token developed on Ethereum blockchain. As reported, ‘the token is 1:1 USD-pegged stablecoin backed by and redeemable for LBMA gold bullion stored in Swiss vaults.’ The co-founder of Vault, Ranjeet Sodhi stated, “Gold is uniquely positioned as the ideal backing for an investment-worthy stablecoin.”

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