Zug, Switzerland, November 11, 2024, Chainwire
Know-how confirmed at scale enhances safety, privateness, compliance and incentives for international digital finance
Digital Belongings Lab, AG (VAL.com) is happy to announce the launch of its next-generation stablecoin administration and pockets platform. Designed to advance digital finance, the platform offers safe, compliant, and customizable options for customers, blockchain networks, exchanges, establishments, and governments.
Digital Belongings Lab's know-how has already been extensively demonstrated. $100 billion We have now a median score of 4.5+ for managed transactions and over 1 million cellular app installs in over 180 nations.
Introducing “1 forex” Launched symbolically on November eleventh, Digital Belongings Lab (VAL.com) is happy to debut our flagship stablecoin line.1 forex” – a complete suite of G10 currencies beginning with 1 greenback. With over 99% of stablecoin transactions performed in US {dollars}, 1USD affords cutting-edge options and engaging economics, whereas making certain compliance and safety.
“Our imaginative and prescient for 1Currency is to deliver compliance, safety, transparency, and shared economies to stablecoins, beginning with the world's most generally used currencies,” stated Co-founder of Digital Belongings Lab. stated Invoice Wolf, former managing director of Goldman Sachs, HSBC, and HSBC. Credit score Suisse. “1USD is just the start. Every forex within the 1Currency suite offers customers with improved economics and seamless interoperability throughout the monetary panorama.”
1USD might be launched to centralized exchanges worldwide in 2025
Introducing “VAL Cellular App”The brand new VAL app permits customers to effectively create and handle wallets, entry stablecoins, and set up a self-sovereign id (SSI) backed by verified credentials, making certain safety and Enhanced privateness. The app helps interplay with decentralized purposes (dApps), proprietary market merchandise, and offers free hacking monitoring to make sure customers. Designed to deliver Web3 performance to on a regular basis customers, the VAL app provides you extra management and belief in your digital finance.
Key advantages of Digital Belongings Lab:
Confirmed at scale: Digital Belongings Lab's stablecoin administration system has efficiently processed over $100 billion in transactions, and VAL's cellular app has achieved over 1 million installs from customers in over 180 nations, with a median score of 4.5+ .
Versatile pricing with shared economics: Digital Belongings Lab affords versatile pricing fashions, decrease preliminary prices, and income sharing choices, making VAL very best for layer 1 blockchain networks and exchanges looking for cost-effective stablecoin options. We’re companions.
G10 forex assist: Digital Belongings Lab's platform helps a number of fiat currencies together with USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD, SEK, and NOK, facilitating international adoption and entry.
Chain-independent, exchange-independent design: Digital Belongings Lab's stablecoins are appropriate with a wide range of blockchain networks and exchanges, offering flexibility and selling monetary inclusion.
Extremely customizable and straightforward to combine: Digital Belongings Lab's state-of-the-art platform is extremely customizable, straightforward to combine, and offers strong assist providers for extra environment friendly onboarding and ongoing administration.
Digital Belongings Lab Belief Layer:
Compliance and license: Digital Belongings Lab is licensed and registered throughout varied jurisdictions together with: VQF (Switzerland), EMI* (Europe), VASP (Europe), AUSTRAC (Australia).
Security and privateness first: Digital Belongings Lab's stablecoin platform is partnered with trusted custodians and leverages safe backend cross-chain transferability and excessive safety. Digital Belongings Lab's cellular app pockets know-how is SOC II compliant and leverages self-sovereign id (SSI) and reusable verified credentials (VC) to boost safety and privateness.
Clear: Digital Belongings Lab is totally clear by publishing third-party real-time certificates that legally show the balances held backing “1USD'' cross-referenced with “1USD'' balances on-chain. present intercourse.
About Digital Asset Lab (VAL.com)
Digital Belongings Lab (VAL.com) is a digital monetary infrastructure supplier specializing in stablecoin administration and pockets options. VAL is devoted to supporting the worldwide transition to digital finance, with a staff of skilled professionals main Web3 and encryption initiatives, client and enterprise know-how, finance, and compliance.
Media inquiries:
Digital Asset Lab Group / whats [email protected]
contactco-founderinvoice wolfDigital Asset Lab (VAL.com)[email protected]
This text was initially revealed on Chainwire