Definition
A Valis Stablecoin such as VUSD, pegged to a fiat currency like the US dollar, backed by reserves to maintain stability, used for transactions in the Tockchain Ecosystem and generating revenue for VSTABLE Token holders.
Fiat-Backed Stablecoin
A Valis Stablecoin such as VUSD, pegged to a fiat currency like the US dollar, backed by reserves to maintain stability, used for transactions in the Tockchain Ecosystem and generating revenue for VSTABLE Token holders.