Zug, Switzerland, November 11, 2024, Chainwire
Confirmed know-how at scale improves safety, privateness, compliance and incentives for world 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, this platform affords safe, compliant and customizable options for customers, blockchain networks, exchanges, establishments and governments.
Digital Belongings Lab's know-how has already been confirmed on a big scale with greater than 100 billion {dollars} in managed transactions and over 1 million cell app installs throughout 180+ nations, attaining a median ranking of 4.5+.
Presentation of “1Currencies” Launched symbolically on 11/11, Digital Belongings Lab (VAL.com) is happy to launch our flagship vary of stablecoins, “1Currencies» – an entire suite of G10 currencies beginning with 1USD. With over 99% of transactions secure in USD, 1USD ensures compliance and safety, whereas providing cutting-edge options and engaging financial phrases.
“Our imaginative and prescient with 1Currencies is to deliver compliance, safety, transparency and the shared financial system to stablecoins, beginning with the world's most generally used forex,” mentioned Invoice Wolf, co-founder of Digital Belongings Lab and former CEO of Goldman Sachs, HSBC and Credit score Suisse. “1USD is only the start: each forex within the 1Currencies suite will present customers with higher economics and seamless interoperability throughout the monetary panorama.”
1USD will arrive on centralized exchanges globally in 2025
Presentation of the “VAL cell software”With the brand new VAL app, customers profit from a simplified technique to create and handle wallets, entry stablecoins and set up self-sovereign identifiers (SSI) backed by verified credentials, thereby enhancing safety and privateness. The applying helps interplay with decentralized functions (dApps), market unique affords and supplies free hack monitoring for consumer assurance. Designed to deliver Web3 performance to on a regular basis customers, the VAL app promotes higher management and confidence in digital finance.
Predominant benefits of the Digital Belongings Lab:
Confirmed on a big scale: Digital Belongings Lab's stablecoin administration system has efficiently processed over $100 billion in transactions and VAL's cell app has achieved over 1 million consumer installs in over 180 nations, with a median ranking of 4.5+.
Versatile pricing with shared financial system: Digital Belongings Lab affords versatile pricing fashions, low startup prices, and yield sharing choices, making VAL a great associate for layer 1 blockchain networks and exchanges searching for worthwhile stablecoin options.
G10 forex help: Digital Belongings Lab's platform helps a number of fiat currencies, together with USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD, SEK and NOK, making it simple to world adoption and accessibility.
Chain-independent and exchange-neutral design: Digital Belongings Lab's stablecoins are appropriate with numerous blockchain networks and exchanges, offering flexibility and selling monetary inclusion.
Extremely customizable and straightforward to combine: Digital Belongings Lab's industry-leading platform is extremely customizable, simple to combine and affords sturdy help companies, enabling extra environment friendly integration and ongoing administration.
Digital Belongings Lab belief layer:
Compliant and licensed: Digital Belongings Lab is licensed and registered in numerous jurisdictions together with: VQF (Switzerland), EMI* (Europe), VASP (Europe) & AUSTRAC (Australia).
Safe and Privateness-Centered: Digital Belongings Lab's stablecoin platform is partnered with trusted custodians and makes use of safe back-end cross-chain transferability and excessive safety. Digital Belongings Lab's cell app pockets know-how is SOC II compliant and leverages self-sovereign id (SSI) and reusable, verified credentials (VC) for added safety and privateness.
Clear: Digital Belongings Lab supplies full transparency by publishing third-party attestations in real-time, legally testifying held balances supporting “1USD” referenced in opposition to “1USD” balances on-chain.
About Digital Asset Lab (VAL.com)
Digital Belongings Lab (VAL.com) is a digital monetary infrastructure supplier specializing in stablecoin administration and pockets options. With a group of seasoned professionals skilled in Web3 and crypto tasks, main in shopper and enterprise know-how, finance and compliance, VAL is devoted to supporting the worldwide transition to digital finance.
For media inquiries:
Digital Asset Lab Crew / howdy@val.com
ContactCo-founderInvoice WolfDigital Asset Lab (VAL.com)invoice@val.com
This text was initially printed on Chainwire
