USDVault is the World’s First 1:1 USD Pegged, Gold Backed and Gold/Fiat Redeemable Stablecoin
How does USDVault Work?
Issuance of USDVault tokens
Redemption into gold or fiat
Vault works with the licensed fiduciaries who are responsible for securely collecting and managing customer funds. The Vault team never has access to customer funds or the gold backing the tokens.
USDVault Tokens are only issued upon receipt of funds. No tokens will be issued without 1:1 USD equivalent in Gold backing.
Industry-standard level KYC/AML checks will be conducted upon issuance and redemption of all tokens.
Vault is Reinventing the Gold Standard
Institutional-Grade Risk Reduction
Original Gold-Backed Cryptocurrency
Continuously Offered Token Supply
Vault’s platform is fully transparent and is regularly audited by 3rd parties. You can verify the gold reserves in the fiduciaries´ Swiss vaults, and the total number of USDV tokens in circulation any time.
By being pegged 1:1 to the US Dollar and redeemable for gold, each USDV token is US Dollar stable.
Our 3rd party fiduciaries execute a hedging program to remain gold price volatility neutral.
USDV is fully backed by, and redeemable for, gold held in Swiss vaults directly via 3rd party fiduciaries.
Vault will be operating under all relevant regulations, and all creation and redemption of USDV tokens will require KYC and AML compliance.
Vault's USDV token leverages the industry standard ERC20 smart contract, on top of the Ethereum blockchain, and will have routine smart-contract security audits.