VUSD Stablecoin In Beta, Vesper API Docs Released — The Week in Review
We’re excited to announce that Vesper is actively working on a new crypto-backed stablecoin: VUSD.
VUSD is a proposed stablecoin pegged to the US Dollar, backed by interest-generating collateral as opposed to debt or the centralized management of the underlying asset (e.g., the promise of a dollar in a bank). The interest generated creates sustainable operations that enable a new base token for DeFi. Check out our VUSD beta information on GitHub to learn more.