VNST Stablecoin

Stables

Copy link
Share on X

Claim company
Report company

Description

VNST Stablecoin is backed by a diversified Basket of Stablecoins, ensuring resilience and stability without reliance on any fiat currency. This structure promotes reliability and shields its value from fiat volatility. VNST aims to provide a secure, versatile tool for Web3 users globally, with a focus on expanding applications and convenience in the blockchain ecosystem. The project emphasizes transparency and aims to be a trustworthy digital asset for both Vietnamese and international markets.

Socials

Similar companies

VNDC

VNDC is a stablecoin launched in 2018 on the Ethereum platform, facilitating secure digital transactions and DeFi activities.

Vyvo US Dollar

Vyvo US Dollar ($USDV) is a fiat-backed stablecoin pegged 1-to-1 with U.S. dollars, leveraging blockchain for transparency and security.

Nubit

Nubit is a stablecoin using a dual-token system (NSR & USNBT) for governance and stability, aiming to maintain a 1:1 USD peg algorithmically, without physical reserves, ensuring transaction ease and value consistency in crypto markets.

Stably

Stably connects traditional finance and blockchain, offering stablecoin creation, asset tokenization, and trading on Ethereum for ease and security.

StableUnit

StableUnit is a DAO creating a decentralized, censorship-resistant stablecoin, collateralized by a basket of assets for stability in the crypto market.

VNX Euro

VNX Euro (VEUR) is a stable and secure Euro-backed digital asset on the Ethereum blockchain offering transparency and Web3 integration.

NuBits

NuBits aims to be a stablecoin pegged to USD, using a dual-token system (USNBT for stability, NSR for governance) to adjust supply for price stability, enabling instant, low-cost transactions.

StakeVault.Network

Efficiently stake tokens and earn rewards with StakeVault.Network's secure and user-friendly platform that leverages Web3 functionalities.

VNT Chain

Distributed Smart Value Transaction Network.

VUSD

VUSD (VUSD) is a cryptocurrency launched in 2024, operating on the Ethereum platform. It is a centralised stablecoin fully backed by 1:1 onchain reserves, providing transparent and verifiable security. With a current supply of 51,254,972 and none in c...

iStable

iStable is a DeFi platform featuring staking, token swaps, a native wallet, and stablecoin rewards, aimed at providing a seamless user experience.

STABLE ASSET

STABLE ASSET (STA) is a cryptocurrency and operates on the Ethereum platform. STABLE ASSET has a current supply of 24,880,000 with 0 in circulation. The last known price of STABLE ASSET is 0.30008767 USD and is up 0.01 over the last 24 hours. It is cu...

FAQ

What is VNST Stablecoin and how does it maintain stability?

VNST Stablecoin is a digital asset backed by a diversified Basket of Stablecoins (BoS), differentiating it from traditional fiat-tethered stablecoins. This model ensures stability and reliability by avoiding the volatility of fiat currencies. VNST's design enhances its security and versatility, aiming to offer a dependable solution for users both in Vietnam and globally.

How does VNST Stablecoin differ from other stablecoins?

Unlike other stablecoins tethered to single fiat currencies, VNST uses a diversified Basket of Stablecoins (BoS) for backing. This prevents exposure to the fluctuations of any one fiat currency, adding a layer of reliability and stability. VNST aims to be a robust and reliable digital asset suitable for diverse Web3 applications.

What are the benefits of using VNST Stablecoin in the Web3 space?

Using VNST Stablecoin offers reliability, versatility, and security. Its backing by a Basket of Stablecoins (BoS) minimizes volatility compared to fiat-tethered counterparts. This makes VNST an attractive option for users seeking stable transactions and expanded applications in the Web3 industry, both in Vietnam and worldwide.

How can VNST Stablecoin be integrated into digital applications in Vietnam?

VNST aims to provide a secure and stable crypto asset for integration into various digital applications. Its stable backing by a Basket of Stablecoins (BoS) ensures price stability, making it ideal for use in everyday transactions, decentralized finance (DeFi) applications, and other Web3-based solutions in Vietnam.

Why choose VNST Stablecoin over fiat-tethered stablecoins?

VNST offers a stable value proposition through its unique backing by a Basket of Stablecoins (BoS), avoiding direct fiat currency pegging. This approach reduces exposure to fiat currency volatility, offering users a more reliable digital asset, especially beneficial for economic regions susceptible to fiat currency fluctuations.

What measures does VNST take to ensure transparency and reliability?

VNST emphasizes transparency in its reserve management by backing its stablecoin with a diversified Basket of Stablecoins (BoS). This design choice ensures users that VNST maintains its value independently of any single fiat currency, enhancing its reliability and trustworthiness within the blockchain ecosystem.

FAQ

Company is unclaimed. Do you work for or own this company?

Description

Socials

Tags

Similar companies