In a groundbreaking move, Virtual Assets Lab (VAL.com) has unveiled its next-generation stablecoin management and wallet platform, poised to transform the landscape of global digital finance. Designed to enhance security, privacy, compliance, and incentives, this innovative platform offers a comprehensive suite of solutions tailored to the needs of users, blockchain networks, exchanges, institutions, and governments alike.

Empowering the Future of Digital Finance

Proven-at-Scale Technology: A Trusted Foundation

Virtual Assets Lab's stablecoin management system has already proven its mettle, successfully handling over $100 billion in transactions and boasting more than one million mobile app installations across 180+ countries. With an impressive average rating of 4.5+, this technology has demonstrated its ability to deliver reliable and scalable solutions for the digital finance ecosystem.

Introducing "1Currencies": A Comprehensive Stablecoin Suite

Launching symbolically on 11/11, Virtual Assets Lab's flagship stablecoin line, "1Currencies," offers a comprehensive suite of G10 currencies, starting with the highly anticipated 1USD. Recognizing that over 99% of stablecoin transactions are in USD, 1USD ensures compliance and security while providing cutting-edge features and attractive economics."Our vision with 1Currencies is to bring compliance, security, transparency, and shared economics to stablecoins, starting with the world's most widely used currency," said Bill Wolf, Co-Founder of Virtual Assets Lab and former Managing Director at Goldman Sachs, HSBC, and Credit Suisse. "1USD is just the beginning – each currency in the 1Currencies suite will empower users with better economics and seamless interoperability across the financial landscape."

Empowering Users with the VAL Mobile App

The new VAL mobile app provides users with a streamlined way to create and manage wallets, access stablecoins, and establish self-sovereign IDs (SSIs) backed by verified credentials. This enhanced security and privacy features, enabling users to interact with decentralized applications (dApps), access exclusive marketplace offerings, and benefit from free hack monitoring for added assurance. Designed to bring Web3 capabilities to everyday users, the VAL app promotes greater control and confidence in digital finance.

Flexible Pricing and Shared Economics

Virtual Assets Lab offers flexible pricing models, lower startup costs, and yield-sharing options, making it an ideal partner for Layer 1 blockchain networks and exchanges seeking cost-effective stablecoin solutions. This innovative approach empowers its clients to unlock new revenue streams and provide more attractive incentives to their users.

Chain-Agnostic and Exchange-Neutral Design

Virtual Assets Lab's stablecoins are compatible with various blockchain networks and exchanges, ensuring flexibility and promoting financial inclusion. This chain-agnostic and exchange-neutral design allows for seamless integration and broader adoption across the digital finance landscape.

Highly Customizable and Easy to Integrate

Virtual Assets Lab's cutting-edge platform is highly customizable and easy to integrate, offering robust support services to enable more efficient onboarding and ongoing management. This flexibility allows its partners to tailor the solutions to their specific needs, ensuring a seamless and streamlined experience.

Compliance, Security, and Transparency: The Virtual Assets Lab Trust Layer

Virtual Assets Lab is committed to upholding the highest standards of compliance, security, and transparency. The company is licensed and registered across various jurisdictions, including VQF (Switzerland), EMI* (Europe), VASP (Europe), and AUSTRAC (Australia), ensuring regulatory compliance.The stablecoin platform is partnered with trusted custodians and utilizes secure back-end cross-chain transferability and high-security measures. The VAL mobile app wallet technology is SOC II compliant and leverages self-sovereign identity (SSI) and reusable, verified credentials (VCs) for added security and privacy.To further enhance transparency, Virtual Assets Lab publishes third-party, real-time attestations, legally attesting to the balances held backing "1USD" and cross-referencing them against "1USD" balances on-chain.

Empowering the Global Transition to Digital Finance

With a team of seasoned professionals experienced in web3, crypto projects, leading consumer and enterprise technology, finance, and compliance, Virtual Assets Lab (VAL.com) is dedicated to supporting the global transition to digital finance. By offering innovative stablecoin management and wallet solutions, the company is poised to revolutionize the way individuals, businesses, and institutions engage with the digital finance ecosystem.