Details about Value USD cryptocurrency
Value USD
VUSD
Unknown for now
€0
0
Unknown
https://valueliquid.io/#/swap
@value_defi
https://www.reddit.com
Value USD price charts
VUSD exchanges
Value USD, the crypto
Value USD (VUSD) is a cryptocurrency pegged to the value of the US dollar. It is a stablecoin that aims to provide the benefits of cryptocurrency, such as decentralized transactions and low fees, while minimizing the price volatility commonly seen in other cryptocurrencies.
The point
The main point of Value USD (VUSD) is to provide a stable and reliable digital currency that can be used for transactions and investments without the volatility associated with other cryptocurrencies. Its value is pegged to the US dollar, meaning that 1 VUSD will always equal $1 USD. This stability makes it an attractive option for traders, investors, and anyone in need of a stable currency to carry out transactions.
The problem
Value USD (VUSD) tries to solve the problem of price volatility in cryptocurrencies. While other cryptocurrencies can experience massive price swings within hours or even minutes, VUSD's value is pegged to the US dollar, meaning it will always be worth $1 USD. This makes it much easier to use as a medium of exchange and store of value, as users can have confidence that its value won't fluctuate wildly.
Compare VUSD and BTC performance
| Timeframe | VUSD | BTC |
|---|---|---|
| 1h change | 0 % | 1.00456 % |
| 24h change | 0 % | 0.313361 % |
| 7 day change | 0 % | 4.77707 % |
| 14 day change | 0 % | -8.09825 % |
| 30 day change | 0 % | -7.22448 % |
| 200 day change | -100 % | 127.217 % |
| Year change | 0 % | 133.126 % |