Verified USD Foundation Partners with Chaos Labs to Enhance USDV Stablecoin Ecosystem

The Verified USD Foundation has entered a strategic partnership with Chaos Labs to bolster analytics and advisory services, aiming to enhance the USDV stablecoin ecosystem’s growth and evolution.

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Chaos Labs, renowned for its expertise in risk management and decentralized finance (DeFi) security, will provide data-driven insights into USDV’s liquidity, usage patterns, and associated risks. Omer Goldberg, CEO of Chaos Labs, expressed enthusiasm for supporting USDV’s ecosystem expansion, emphasizing the importance of creating a sustainable ecosystem for stablecoins.

“We are thrilled to support USDV stablecoin in expanding its diverse ecosystem,” said Goldberg.
“Creating an ecosystem that supports ongoing use for multiple purposes is paramount to fostering the sustainable growth of stablecoins.”

Omer Goldberg, CEO of Chaos Labs
Matthew Commons, President of the Verified USD Foundation, echoed this sentiment, highlighting the partnership’s role in integrating USDV with emerging protocols to ensure secure transactions and unlock new use cases.

“We are excited about our partnership with Chaos Labs as we expand our presence in the DeFi space,” said Commons. “Through this collaboration, the USDV ecosystem will seamlessly integrate with emerging protocols, ensuring secure transactions and unlocking new use cases for our community.”

USDV, introduced in November 2023, represents a breakthrough in stablecoin design as a tokenized real-world asset (RWA)-backed stablecoin. USDV offers unrivaled on-chain transparency through its first reserve asset STBT, a market-leading tokenized treasury bill product.

As an omnichain ERC-20 token, the USDV also brings unmatched accessibility and adaptability across diverse blockchain networks on CeFi and DeFi platforms, with 30+ ecosystem partners. It further supports equitable ecosystem development with its novel value attribution mechanism – ColorTrace, incentivizing the community of contributors to fuel the sustainable growth of the USDV ecosystem.

Chaos Labs, with its industry-leading Risk Management and Optimization platform, accelerates crypto adoption by providing protocols with custom financial risk assessment and economic security tooling. Meanwhile, the Verified USD Foundation is dedicated to supporting the development and adoption of the USDV ecosystem, ensuring governance oversight and facilitating community contributions.

Through this partnership, both organizations are poised to drive the growth and resilience of the USDV stablecoin ecosystem, ushering in a new era of stability and transparency in decentralized finance.

For more information, visit: Chaos Labs: www.chaoslabs.xyz

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