What is Verified USD (USDV)?
Verified USD (USDV) is a stablecoin announced by the Verified USD Foundation. It is community-driven and fully backed by tokenized US Treasury Bills (T-bills), offering a stable value with real-time verification through proof-of-reserve. USDV is pegged 1:1 with the US Dollar and is backed by STBT, which includes cash, overnight repo, and short-term treasuries. Operating under the ERC-20 standard, USDV is an omnichain fungible token integrated with LayerZero’s Omnichain Fungible Token (OFT) Standard, making it available on multiple blockchain networks like Ethereum, BSC, Avalanche, Arbitrum, and Optimism.
Several factors influence the price of USDV. As a stablecoin, its value is designed to be stable and pegged to the US Dollar. The foundation behind USDV aims to create a sustainable and progressive stablecoin ecosystem, employing the ColorTrace algorithm developed by LayerZero for fair and transparent reward distribution among verified minters. This novel approach to value attribution within the stablecoin ecosystem is likely to impact its price and investor sentiment. The underlying reserve asset for USDV, provided by Matrixport’s Short-term Treasury Bill Token (STBT), offers real-time verification via on-chain Proof-of-Reserves, ensuring the stability and reliability of USDV. This transparency and security audit of its smart contracts can also influence investor trust and, consequently, its price. Additionally, the interoperability of USDV across various blockchain networks, facilitated by LayerZero’s Omnichain Fungible Tokens (OFT) Standard, could affect its accessibility and usage, further influencing its price and market perception.
The cheapest way to Buy Verified USD (USDV) on Bitget
On Bitget you can buy Verified USD (USDV) easily and fast. Bitget offers:
- Low fees; transparent fees with no hidden fees.
- Multiple payment methods, such as Credit/Debit Card, Sepa transfer, p2p and more!
- 500+ assets; buy Verified USD (USDV) along with hundreds of other crypto assets
- 24/7 dedicated customer support
- Safe and Secure; Bitget prioritizes the safety of your crypto assets, transactions and personal information
Simple 3-step guide to buying USDV today in United Arab Emirates
Create your free Bitget account
Select a funding method
Complete your Verified USD purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Verified USD using a payment method of your choice:
Buy Verified USD with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Verified USD order.
How to buy crypto with credit/debit cardBuy Verified USD with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Verified USD is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Verified USD order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Verified USD order.Buy Verified USD with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Verified USD order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Verified USD in your Bitget spot wallet
Bitget—where the world trades Verified USD
How to buy Verified USD for free
- Learn how to earn Verified USD for free through the Learn2Earn promotion
- Earn free Verified USD by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Verified USD airdrops by joining ongoing challenges and promotions
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FAQ
Can I buy $1 worth of Verified USD?
Can I buy $10 of Verified USD?
Where else can I buy Verified USD?
Where is the best place to buy Verified USD?
Should I buy Verified USD right now?
The United Arab Emirates (UAE) was established in 1971, and we just celebrated the 50th anniversary of the UAE in 2021. The UAE has a population of about 10 million people, with about 10% locals and 90% expatriates from all over the world. The surface area of the United Arab Emirates is 83,000 square kilometers, which is slightly larger than Ireland and smaller than Portugal. The official languages in the United Arab Emirates are English and Arabic.
The UAE, as the name suggests, is made up of several emirates, more precisely, seven emirates. The first emirate is the most important, and it is the one of Abu Dhabi, the capital of the United Arab Emirates. This one represents 80% of the Emirates territory. The second Emirates we often hear about because it is rather the tourist capital is Dubai. The other five emirates are Ajman, Fujairah, Ras Al Khaimah, Sharjah, and Umm Al Quwain.
The time difference varies depending on the season (summer or winter). Concerning temperatures, there is also a distinction between summer and winter. During the winter, you can expect temperatures between 22 and 30 degrees. In the summer, it is much warmer, and temperatures average 35 to 40 degrees.
Acting as the national currency of the United Arab Emirates is the Dirham (AED), and with Bitget, you can purchase cryptos within minutes, no matter where you are in the United Arab Emirates. Our exchange offers secure payment options to make trading more accessible and safer than ever, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and several different credit card services.