Zug, Switzerland, November 11, 2024, Chainwire
Confirmed know-how enhances safety, privateness, compliance and incentives for international digital finance
Digital Belongings Lab, AG (VAL.com) is happy to announce the launch of its subsequent era stablecoin administration platform and pockets. Designed for the event of digital finance, this platform gives safe, compliant and customizable options for customers, blockchain networks, exchanges, establishments and governments.
Digital Belongings Lab know-how has already been confirmed at scale 100 billion {dollars} achieved a mean score of 4.5+ in managed transactions and over a million cellular app installs in over 180 international locations.
Introducing “1 Forex” Launched symbolically on 11/11, Digital Belongings Lab (VAL.com) is worked up to introduce our flagship line of stablecoins, “1 Currencies” – a complete set of G10 currencies beginning 1 USD. With over 99% of USD stablecoin transactions, $1 ensures compliance and safety whereas providing cutting-edge options and engaging economics.
“Our imaginative and prescient with 1Currencies is to deliver compliance, safety, transparency and a shared financial system to stablecoins, beginning with the world's most generally used forex,” mentioned Invoice Wolf, co-founder of Digital Belongings Lab and a former govt at Goldman Sachs, HSBC and Credit score Suisse. “1USD is just the start – each forex within the 1Currencies suite will present customers with higher economics and seamless interoperability throughout the monetary panorama.”
1USD coming to centralized exchanges worldwide in 2025
Introducing “VAL Cell App”With the brand new VAL app, customers get a simplified approach to create and handle wallets, entry stablecoins and set up self-sovereign IDs (SSIs) backed by authenticated credentials, growing safety and privateness. The app helps interplay with decentralized functions (dApps), unique market gives, and supplies free hack monitoring to safe the consumer. Designed to deliver Web3 capabilities to on a regular basis customers, VAL promotes better management and confidence in digital finance.
Key advantages of Digital Belongings Lab:
Verified at scale: Digital Belongings Lab's stablecoin administration system has efficiently processed over $100 billion price of transactions, and VAL's cellular app has achieved over a million installs from customers in over 180 international locations with a mean score of 4.5+.
Versatile pricing with the sharing financial system: Digital Belongings Lab gives versatile pricing fashions, decrease preliminary prices and income sharing choices, making VAL an excellent accomplice for blockchain networks and Tier 1 exchanges searching for a cheap stablecoin resolution.
Assist for G10 currencies: The Digital Belongings Lab platform helps a number of fiat currencies, together with USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD, SEK and NOK, facilitating international adoption and availability.
Chain-agnostic and swap-neutral design: Digital Belongings Lab stablecoins are suitable with numerous blockchain networks and exchanges, offering flexibility and selling monetary inclusion.
Extremely customizable and simple to combine: Digital Belongings Lab's cutting-edge platform is very customizable, straightforward to combine, and gives sturdy help companies that allow extra environment friendly integration and ongoing administration.
Digital Belongings Lab Belief Layer:
Compliant and licensed: Digital Belongings Lab are licensed and registered in numerous jurisdictions together with; VQF (Switzerland), EMI* (Europe), VASP (Europe) & AUSTRAC (Australia).
Safety and privateness: The Digital Belongings Lab stablecoin platform works with trusted custodians and makes use of safe back-end cross chain portability and excessive safety. Digital Belongings Lab cellular app pockets know-how is SOC II compliant and makes use of self-sovereign identification (SSI) and reusable, verified credentials (VC) for better safety and privateness.
Clear: Digital Belongings Lab gives full transparency by publishing real-time third-party attestations that legally validate balances held as “1USD” collateral cross-referenced to “1USD” balances on-chain.
About Digital Belongings Lab (VAL.com)
Digital Belongings Lab (VAL.com) is a digital monetary infrastructure supplier specializing in stablecoin administration and pockets options. With a staff of seasoned professionals with expertise in web3 and crypto initiatives, main client and enterprise applied sciences, finance and compliance, VAL is devoted to supporting the worldwide transition to digital finance.
For media inquiries:
Asset Digital Lab Group / whats up@val.com
ContactCo-founderInvoice WolfDigital Belongings Lab (VAL.com)invoice@val.com
This text was initially printed on Chainwire
