Crypto Updates

Virtual Assets Lab (VAL.com) Announces Next-Generation Stablecoin Management and Wallet Platform

Virtual Assets Lab (VAL.com) Announces Next-Generation Stablecoin Management and Wallet Platform

November 11, 2024 – Zug, Switzerland


Proven-at-scale technology enhances security, privacy, compliance and incentives for global digital finance.

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 Lab’s technology has already been proven-at-scale with over $100 billion in managed transactions and more than one million mobile app installations across over 180 countries, achieving an average rating of 4.5 or higher.

Introducing 1Currencies

Launching symbolically on 11/11, Virtual Assets Lab (VAL.com) is excited to debut our flagship stablecoin line, ‘1Currencies’ a comprehensive suite of G10 currencies beginning with 1USD.

With over 99% of stablecoin transactions in USD, 1USD ensures compliance and security, while offering cutting-edge features and attractive economics.

Bill Wolf, co-founder of Virtual Assets Lab and former managing director at Goldman Sachs, HSBC and Credit Suisse, said,

“Our vision with 1Currencies is to bring compliance, security, transparency and shared economics to stablecoins, starting with the world’s most widely used currency.

“1USD is just the beginning each currency in the 1Currencies suite will empower users with better economics and seamless interoperability across the financial landscape.”

1USD is coming to centralized exchanges globally in 2025.

Introducing the VAL mobile app

With the new VAL app, users gain a streamlined way to create and manage wallets, access stablecoins and establish SSIs (self-sovereign IDs) backed by verified credentials, enhancing security and privacy.

The app supports interaction with DApps (decentralized applications), exclusive marketplace offerings and provides free hack monitoring for user assurance.

Designed to bring Web 3.0 capabilities to everyday users, the VAL app promotes greater control and confidence in digital finance.

Virtual Assets Lab’s key benefits
  • Proven-at-scale Virtual Assets Lab’s stablecoin management system has successfully handled over $100 billion in transactions, and VAL’s mobile app has achieved over one million installs from users in more than 180 countries, with an average rating of 4.5 or higher.
  • Flexible pricing with shared economics Virtual Assets…

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