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 Bulgaria
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 SEPA 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 On-going challenges and promotions
Buy other cryptos
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FAQ
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Bulgaria is a crossroads between Western Europe, the Middle East, and the Mediterranean. Bulgaria is an increasingly popular tourist destination in Europe. Its capital city, Sofia, is one of the oldest cities in Europe. It was an important city during Antiquity, the Roman period, and the Middle Ages. Sofia reveals a great diversity of civilizations and cultures.
Plovdiv, the second largest city in the country, has been inhabited continuously throughout history since the 6th century BC. Today, this modern and bustling city is the administrative, academic, commercial, and traffic center for the south-central region of Bulgaria. Once in Plovdiv, it is possible to attend major events such as music and opera festivals. Plovdiv is a must-see city to visit and is still inexpensive. It is a very dynamic city. The old town, in particular, is worth a visit for its renaissance buildings. Plovdiv is unique and stands out for its ancient culture, its amazing culture, and the beauty of its old town. It also has many nice restaurants and very good sports facilities, which make it an old city with a young atmosphere.
The national currency is the Bulgarian Lev (BGN). Whether you're in Sofia, Plovdiv, Varna, or anywhere in Bulgaria, you can purchase cryptos easily on Bitget. Bitget is one of the most secure cryptocurrency exchange platforms that acquired U.S. MSB License, Canada MSB License, and Australian (DCE) License to ensure you have the safest trading experience.