The Good Tech Companies - Virtual Assets Lab (VAL.com) Announces Next-Generation Stablecoin Management And Wallet Platform

Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Virtual Assets Lab, val.com, announces next-generation stablecoin management and wallet platform, by Chainwire. ZUG, Switzerland, November 11, 2024, Chainwire, Virtual Assets Lab, ag, val.com, is pleased to announce the launch of its next-generation stablecoin management and wallet platform. Designed to advance digital finance, this platform offers secure, compliant, and customizable solutions for users, blockchain networks, exchanges, institutions and governments. Virtual Assets Labs technology has already been proven at scale with over $100 billion

Starting point is 00:00:43 in managed transactions and more than 1 million mobile app installations across 180-plus countries, achieving an average rating of 4.5+. Introducing 1CURRENCIES. Launching symbolically on 11-11's virtual assets lab, Val.com, is excited to debut our flagship stablecoin line, OneCurrencies, a comprehensive suite of G10 currencies beginning with one United States dollar. With over 99% of stablecoin transactions in USD, one United States dollar ensures compliance and security while offering cutting-edge features and attractive economics. Greater than our vision with OneCurrencies is to bring compliance, security, transparency greater than and shared economics to stablecoins,

Starting point is 00:01:29 starting with the world's most widely greater-than-used currency, said Bill Wolf, co-founder of Virtual Assets Lab and former managing director at Goldman Sachs, HSBC and Credit Suisse. One United States dollar is just the greater-than beginning. Each currency in the one currency suite will empower users with greater than better economics and seamless interoperability across the financial greater than landscape. One United States dollar is coming to centralized exchanges globally in 2025 introducing ValMobile app. With the new Val app, users gain a streamlined way to create and manage wallets, access stablecoins,

Starting point is 00:02:06 and establish self-sovereign IDs, SSIs, backed by verified credentials, enhancing security and privacy. The app supports interaction with decentralized applications, DAPPs, exclusive marketplace offerings, and provides free hack monitoring for user assurance. Designed to bring Web3 capabilities to everyday users, the Val app promotes greater control and confidence in digital finance. Virtual Assets Labs' key benefits. Proven at scale. Virtual Assets Labs' stablecoin management system has successfully handled over $100 billion in transactions and Val's mobile app has achieved over 1 million installs from users in more than 180 countries, with an average rating of 4.5+.

Starting point is 00:02:48 Flexible pricing with shared economics. Virtual Assets Lab offer flexible pricing models, lower startup costs, and yield sharing options, making Val a needy partner for Layer 1 blockchain networks and exchanges seeking cost-effective stablecoin solutions. Support for G10 currencies. Virtual Assets Labs platform supports multiple fiat currencies, including USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD, SEK, and NOC, facilitating global adoption and accessibility. Chain agnostic and exchange-neutral design. Virtual Assets Labs stablecoins are compatible with various blockchain networks and exchanges, providing flexibility and promoting financial inclusion. Highly customizable and easy

Starting point is 00:03:37 to integrate. Virtual Assets Labs cutting-edge platform is highly customizable, easy to integrate and offers robust support services, enabling more efficient onboarding and ongoing management. Virtual Assets Lab's Trust Layer. Compliant and licensed, Virtual Assets Lab are licensed and registered across various jurisdictions including VQF, Switzerland, EMI, Europe, VASP, Europe, and AUSTRAC, Australia, secure and privacy-first. Virtual Assets Labs' stablecoin platform is partnered with trusted custodians and utilizes secure back-end cross-chain transferability and high security. Virtual Assets Labs' mobile app

Starting point is 00:04:18 wallet technology is SOCE-compliant and leverages self-sovereign identity, SSI, and reusable, verified credentials, VCs, for added security and privacy. Transparent. Virtual Assets Lab offer full transparency by publishing third-party, real-time attestations, legally attesting to the balances held backing one United States dollar, cross-referenced against, one United States dollar. Balances on chain. About Virtual Assets Lab, Val. Com, Virtual Assets Lab, Val.com. As a digital finance infrastructure provider specializing in stablecoin management and wallet solutions. With a team of seasoned professionals experienced in Web3 and crypto projects, leading consumer and enterprise technology, finance, and compliance, Val is dedicated to supporting the global transition to digital

Starting point is 00:05:09 finance. For media inquiries, Virtual Assets Lab Team, hello at val.com Contact Go-Founder Bill Wolf Virtual Assets Lab, val.com, bill at val.com. Tip This Story was distributed as a release by chainwire under hackernoon's business blogging program learn more about the program here n n n thank you for listening to this hackernoon story read by artificial intelligence visit hackernoon.com to read write learn and publish

The Good Tech Companies - Virtual Assets Lab (VAL.com) Announces Next-Generation Stablecoin Management And Wallet Platform

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