VeChain (VET) Partners Will be Able to Leverage the VeUSD Stablecoin

• VeChain (VET) has been up by 54%
• Fundamentals of VET are strong
• VeUSD
• Vechain Partnerships
• VeChain and Europe

VeChain (VET) has been up by 54% over the past 7 days as the dollar loses strength. Will this trend continue? An uptrend has been seen in the broader market. There is significant resistance seen at $0.9% – bullish momentum is suggested with the current trends.  The fundamentals of VET continue to be strong.

Investors are like: “I bought my VET coins to keep for 10 years.” VeChain as many think is not just a supply chain token. VeChain is a layer 1 smart contract platform. And, they are doing a lot of things. It has immense scalability and the transaction fees are dirty cheap. It is fast, never had any downtime, and secure. Also, it has it’s roots deep in (promising) partnerships – VeChain Partnerships.

The latest stuff to know about VeChain events are about VeUSD stablecoin, VeChain Enterprise Expansion to Europe, VeCarbon, VeChain and Global Supply Chain Issues, Draper University and VeChain, NFTs, Biden Crypto Executive Order, Ukraine Crypto and more.

About the Stable Coin and the plans for it:  VeUSD on the VIP-180 protocol, first stable-coin on VeChain Thor Blockchain, created by Stably, a US based asset tokenization infrastructure provider, who partners with regulated financial institutions to provide these kind of services. Anyone could send the US dollars to Stably and mint VeUSD or other way around or send VeUSD to get dollars back. Stably also have released a video tutorial to help guide through VeUSD minting and the redemption process.

VeChain as a Versatile layer one public blockchain there are lot of exciting use case scenarios to come and base on user requests. It boosts the scope and functionality for the growing NFT and DeFi ecosystem along with normal enterprise adoption, supply chain finance, use cases as well. VeChain are excited about their first stable coin. More and more stable coins solutions are going to come on VeChain.

VeChain Partners will be able to leverage the VeUSD Stablecoin. VeUSD is easy to use and integrate with Vechain Thor blockchain.

VeChain Foundation Expansion to Europe: VeChain Started their first use case with Europe with Givenchy, which is in France and DNV, the global partner of VeChain – has a very strong presence in Europe. And VeChain have built lot of use cases with DNV in Europe. They did the blockchain based Green-pass with San-Marino, the first sustainability use case with H&M and also the European company, which is based on Switzerland. ReSea, where the blockchain technology was used to clear plastic waste collection from the ocean, and also in Europe.

Technically, Europe is VeChain’s hope considering the many use cases.

There is an exhaustive interview of Sunny Lu with Tony Edward.